Question

Which options determines the productivity of a large-scale farmer with a bachelor's degree in Agricultural Sciences?...

Which options determines the productivity of a large-scale farmer with a bachelor's degree in Agricultural Sciences?

a.

Physical capital per worker
b.

Human capital per worker
c.

Natural resource per worker
d.

Technological knowledge
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Answer #1

Answer: Human capital per worker

The knowledge and skill sets, a workers acquires through education is called human capital per worker. As a farmer acquires skills and knowledge through a bachelor's degree in agricultural sciences, his / her productivity rises.

This thus increases the labor productivity of the farm as he / she is more productive with a degree than without one. With a degree, knowledge or a specific skill set, the farmer is now able to use that technical or technological knowledge into practical use, he/ she had learnt before.

Therefore when the human capital ( or knowledge ) increases the farm's and the industry's productivity increases.

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