What type of human capital represents the types of skills that are of equal value to most any company and can be priced in the labour market?
A)firm-specific human capital
B)generic human capital
C)manufactured human capital
D)natural human capital

Question

Quizplus · Accepted Answer

Generic human capital represents skills and knowledge that are of equal value to most any company and can be priced in the labor market. Examples of generic human capital include basic literacy and numeracy skills, general knowledge, and basic interpersonal skills. This type of human capital is transferrable between different industries and companies, making it highly valuable in the labor market.

What Type of Human Capital Represents the Types of Skills