ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Human Capital
A
When a country announces that it will no longer trade with another country in order to isolate and cause problems with that country’s economy.
B
Knowledge and skills that make it possible for workers to earn a living.
C
The value of all the final grade and services for workers to earn a living.
D
Factories, machines, and technology that people use to make products to sell.
Explanation: 

Detailed explanation-1: -Examples of human capital include communication skills, education, technical skills, creativity, experience, problem-solving skills, mental health, and personal resilience.

Detailed explanation-2: -The most important resource in any economy or organization is its human capital-that is, the collective knowledge, attributes, skills, experience, and health of the workforce.

Detailed explanation-3: -Human capital consists of the knowledge, skills, and health that people accumulate throughout their lives, enabling them to realize their potential as productive members of society.

Detailed explanation-4: -Education. Technical or on-the-job training. Health. Mental and emotional well-being. Punctuality. Problem-solving. People management. Communication skills. 13-Sept-2022

There is 1 question to complete.