The idea that contact with others with high levels of human capital increases ones' own human capital is called human capital

Question

Quizplus · Accepted Answer

The idea described is an example of a positive externality, where the actions of one individual create benefits for others without any compensation. In this case, being in contact with individuals with high levels of human capital creates a positive external benefit, as it increases the human capital of others.

The Idea That Contact with Others with High Levels of Human