Durable,marketable skills that generate higher income are also known as:
A) physical capital.
B) investment capital.
C) human capital.
D) education capital.

Question

Quizplus · Accepted Answer

Durable, marketable skills that generate higher income are referred to as human capital. It refers to the knowledge, capabilities, and experience possessed by an individual or a workforce that enhances their economic value in the job marketplace. The development of human capital is typically accomplished through education and training, leading to higher incomes and career advancement. Physical capital is composed of tangible assets such as buildings or machinery, while investment capital refers to funds allocated to financial investments. Education capital is not a common term used in economics.

Durable,marketable Skills That Generate Higher Income Are Also Known As