Education and training are ways to build _______ capital.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities possessed by individuals. Education and training are ways to enhance human capital, leading to increased productivity and higher economic growth. Physical capital encompasses tangible assets such as buildings, equipment, and infrastructure. Technological capital refers to the knowledge and application of technology to improve productivity. Productive capital is a vague term that could refer to any form of capital that contributes to production.

Education and Training Are Ways to Build _______ Capital