ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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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.
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Knowledge and skills that make it possible for workers to earn a living.
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The value of all the final grade and services for workers to earn a living.
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Factories, machines, and technology that people use to make products to sell.
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Detailed explanation-1: -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-2: -Human capital refers to the stock of skill, ability, expertise, education, and knowledge in a nation at a point of time.
Detailed explanation-3: -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-4: -Human capital and economic growth have a strong correlation. Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Human capital refers to the knowledge, skill sets, and experience that workers have in an economy.
Detailed explanation-5: -Skills, Qualifications, and Education. Work Experience. Social and Communication Skills. Habits and Personality Traits. Individual Fame and Brand Image.