Human capital contributes to growth because it helps workers in the economy:

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and experience of individuals that contribute to their productivity and earning potential. When workers have higher levels of human capital, they are able to produce more output with the same physical capital, work smarter by using technology and innovation to improve efficiency, and be more productive with their time by prioritizing tasks and using their skills effectively. All of these factors help to drive economic growth by increasing output and improving overall productivity.

Human Capital Contributes to Growth Because It Helps Workers in the Economy