Education and training of workers would best be categorized as
A) land.
B) labor.
C) physical capital.
D) human capital.

Question

Quizplus · Accepted Answer

Education and training of workers refer to the development of human skills and abilities, which falls under the category of human capital. Human capital is the knowledge, skills, experience, and education possessed by an individual and is considered an essential factor in economic growth and development. Therefore, option D is the correct choice.

Education and Training of Workers Would Best Be Categorized as