ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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highly-skilled workforce
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standard of living
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different kinds
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different set of skills
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education
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Detailed explanation-1: -The types of human capital You can separate human capital into three types: knowledge capital, social capital, and emotional capital.
Detailed explanation-2: -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-3: -What exactly is the difference between physical capital and human capital? Physical capital refers to tangible assets that assist in the production of a good. This includes machinery, buildings, transportation, computers, and software. Human capital refers to the economic value of an employee’s skill set.
Detailed explanation-4: -Skills, Qualifications, and Education. Work Experience. Social and Communication Skills. Habits and Personality Traits. Individual Fame and Brand Image.