_______ is/are the knowledge and skills acquired by a worker through education and experience and used to produce goods and services.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge and skills acquired by a worker through education and experience and used to produce goods and services. Physical capital refers to the tools and equipment used to produce goods and services. Natural resources refer to the materials and resources provided by nature, such as oil, timber, and water. Technological progress refers to the development of new and improved technology that increases productivity and efficiency.

_______ Is/are the Knowledge and Skills Acquired by a Worker