Human capital refers to the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country. It emphasizes the role of human skills and abilities in contributing to economic production.

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Human Capital Is

Question 164

Multiple Choice

Human capital is

A) machinery that meets or exceeds federal safety standards for use by humans.
B) all capital owned by individuals, but not by corporations or governments.
C) all capital owned by individuals or corporations, but not by governments.
D) the skill and knowledge of workers.

Correct Answer: