Which of the following is considered human capital?

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities of individuals that can be used to produce economic value. An apprentice chef working in an upscale restaurant has acquired skills and knowledge through experience, training, and education, making him a form of human capital. The other options, such as lunches served in a school cafeteria, a new convection oven, and pots and pans, are all physical resources or capital, but not human capital.

Which of the Following Is Considered Human Capital