ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a country’s standard of living
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the cash a business has to spend
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the workers of a business or country
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the buildings, equipment, and property of a business
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Detailed explanation-1: -Examples of human capital include the education, technical training, or problem-solving skills that a person offers to a business. Education is one of the most important elements of human capital, as it often leads to increased economic output, higher individual income, and increased economic mobility for families.
Detailed explanation-2: -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 in business is regarded as the economic value of the workers by basing on their experience’s, knowledge and skills. The human capital in business and economics includes human resource training, health, and education.
Detailed explanation-4: -Fund scholarships. Funding college or continuing education scholarships is a long-term investment in human capital. By providing these scholarships, companies build relationships with both the current and future workforce. Employees of tomorrow must have access to higher education to increase their human capital.
Detailed explanation-5: -Skills, Qualifications, and Education. Work Experience. Social and Communication Skills. Habits and Personality Traits. Individual Fame and Brand Image.