Which of the following is considered human capital?
A) breakfasts served in a company's cafeteria
B) shovels used by a tree planting business
C) an apprentice mechanic working in an auto repair shop
D) the average number of holiday days per year

Question

Quizplus · Accepted Answer

Human capital refers to the skills, knowledge, and experience of employees that have value in the market. An apprentice mechanic working in an auto repair shop is a person who is developing skills and knowledge in a specific field, which is considered human capital. Breakfasts served in a company's cafeteria and shovels used by a tree planting business do not involve the skills or knowledge of individuals, and the average number of holiday days per year is a benefit provided to employees, not a measure of their human capital.

Which of the Following Is Considered Human Capital