Which of the following is not true about human capital theory?
A) Examines the role of individual's competence, focusing on how an individual's knowledge enhances cognitive abilities and can result in more effective activities
B) Was developed after assessing the role of the tragic loss of lives in World War II
C) Focuses on individual's networks with others and the value derived from these networks.

Question

Quizplus · Accepted Answer

Human capital theory focuses on the skills, knowledge, and experience possessed by an individual, which can be used to create economic value. It does not primarily focus on networks with others; that is more related to social capital theory.

Which of the Following Is Not True About Human Capital