Which of the following statements regarding human capital is INCORRECT?
A) Human capital is the accumulated skill and knowledge of human beings.
B) Education is the only vehicle for the creation of human capital because training simply reinforces what has already been learned.
C) The accumulation of human capital is the source of both increased labour productivity and technological advance.
D) Writing and mathematics, the most basic of human skills, are crucial elements in economic progress.
E) All of the above statements are correct.
Correct Answer:
Verified
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