Question

human capital a:refers to technological knowledge of the society b:is more tangible than physical capital. c:refers...

human capital

a:refers to technological knowledge of the society

b:is more tangible than physical capital.

c:refers to the knowledge and skills that workers acquire through education, training, and experience

d:refers to the number of workers in a given economy

Homework Answers

Answer #1

Answer. (c) refers to the knowledge and skills that workers acquire through education, training, and experience

Explanation: An uneducated and illiterate human being would be most likely capable only for labour-oriented works, and that even of very low quality. But as and when people get educated, learn skills, gain experience, they become valuable assets for the society who can do much more that just lift goods from here and there. Thus they act as a capital, and hence the name comes human capital.

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