ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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need money in order to pay for their workers
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enjoy workers getting extra training and job opportunities
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are more successful when the workers have good training and health care
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are not responsible for the training and health care of the workers they employ
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Detailed explanation-1: -Human capital allows an economy to grow. When human capital increases in areas such as science, education, and management, it leads to increases in innovation, social well-being, equality, increased productivity, improved rates of participation, all of which contribute to economic growth.
Detailed explanation-2: -What is human capital and why does it matter? Human capital consists of the knowledge, skills, and health that people invest in and accumulate throughout their lives, enabling them to realize their potential as productive members of society.
Detailed explanation-3: -Human capital management is the practice that organizations use to attract, hire, train, develop and retain the best employees to achieve short and long term goals. Human capital management can create a strong organizational culture that fosters employee development, honest feedback, and commitment to business goals.
Detailed explanation-4: -Answer: Human capital can make use of land and capital for further production, whereas land and capital cannot become useful on its own.