HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the relationship between economic regulations and gross domestic product
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the relationship between national poverty levels and gross domestic product
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the relationship between investment in human capital and gross domestic product
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the relationship between increased militarization of society and gross domestic product
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Detailed explanation-1: -Human capital and human development are interrelated concepts but they are not identical. While human capital refers to the stock of a nation’s human skills and expertise at a particular point of time human development refers to holistic development and well being of a nation’s human capital.
Detailed explanation-2: -If businesses see an improvement in economic forecasts, they will increase investment to meet future demand. Therefore, an improvement in the rate of economic growth can cause a substantial rise in investment.
Detailed explanation-3: -Economic development of any country is directly proportional to its literacy rate. and stable economy of the country and vice versa.
Detailed explanation-4: -Higher human capital productivity leads to more efficient work processes and higher-quality outputs. Larger companies and organizations often have an advantage when it comes to human capital productivity because they can invest more resources into developing their workforce.