Which of the following will increase the level of human capital in an economy?
A)An increase in land mass.
B)An increase in literacy rates.
C)An increase in factory capacity.
D)A decrease in the population.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities that people possess, and an increase in literacy rates directly contributes to the development of human capital. An increase in land mass, factory capacity, or a decrease in population do not necessarily correlate with an increase in human capital.

Which of the Following Will Increase the Level of Human