Human capital refers to the knowledge, skills, and abilities of individuals that contribute to their productive capacity. This includes the improvements to labor capabilities that come from training, education, and apprenticeship programs. Options B, C, and D do not accurately define human capital.

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Human Capital Is

Question 33

Multiple Choice

Human capital is:

A) the improvement to labor capabilities from training,education,and apprenticeship programs.
B) the equipment that companies use in the production process.
C) included in the land resource.
D) included in entrepreneurial ability.

Correct Answer: