________ increases with education, training, and job experience. i. Physical capital
Ii. Human capital
Iii. Financial capital

Question

Quizplus · Accepted Answer

The statement refers to the concept of human capital, which refers to the skills, knowledge, and abilities a person possesses as a result of education, training, and experience. This type of capital is unique to human beings and increases with investment in education, training, and job experience. Physical capital refers to the tools, equipment, and infrastructure used in production, while financial capital refers to funds used in investment and finance activities.

________ Increases with Education, Training, and Job Experience