ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a characteristic of Human Capital?
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A person’s experience
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A person’s education level
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A person’s health
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A person’s financial wealth
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Explanation:
Detailed explanation-1: -Land is not amongst the components of Human Capital.
Detailed explanation-2: -Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. As such, it is an intangible asset or quality that isn’t (and can’t be) listed on a company’s balance sheet.
Detailed explanation-3: -Savings are not included in human capital.
Detailed explanation-4: -The three human capital components – time, talent and energy – are actively focused on by some of the world’s fastest growing companies, according to Bain & Company, which recently conducted research into the area.
There is 1 question to complete.