ECONOMICS
HUMAN CAPITAL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Money Assets of a Company
|
|
|
Immigration of people into America
|
|
|
Treating yourself to a nice dinner
|
|
|
A worker’s skill, knowledge, and experience
|
Detailed explanation-1: -The term human capital refers to the economic value of a worker’s experience and skills. Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Detailed explanation-2: -Human capital refers to the skills, knowledge, and abilities that workers possess and that contribute to their economic value. This includes both formal education and training as well as on-the-job experience.
Detailed explanation-3: -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-4: -Human capital refers to the stock of skill, ability, expertise, education, and knowledge in a nation at a point of time.
Detailed explanation-5: -Human capital represents the contributions made to an organization by its employees utilizing their talents, skills, and expertise. Possessed only by individuals. human capital can be harnessed and exploited by an organization. It is not owned outright. Human capital can disappear when an employee leaves.