3 Questions
What is human capital?
The stock of skill and productive knowledge embodied in people
When does population become human capital?
When there is investment made in the form of education, training, and medical care
What does the chapter 'People as Resource' aim to explain?
People as an asset for the economy rather than a liability
Test your understanding of the concept of "Human Capital" and its significance in the economy with this quiz. Explore how investment in education, training, and healthcare can transform population into valuable assets for the economy.
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