Human capital is the improvement in _____ produced by _____.

Question

Quizplus · Accepted Answer

Human capital refers to the skills, knowledge, and abilities of individuals. Therefore, option B correctly identifies labour as the source of human capital and education and knowledge as the means of improving it. Option A is incorrect because physical capital refers to tools, equipment, and infrastructure used to produce goods and services, not improvements in skills. Option C is also incorrect because physical capital is not related to human capital. Option D is incorrect because management refers to the process of directing and allocating resources, not the improvement of skills and knowledge of individuals.

Human Capital Is the Improvement in _____ Produced by _____

Human Capital Is the Improvement in _ Produced by _