Podcast
Questions and Answers
What is human capital?
What is human capital?
- The total population of a country
- The stock of skill and productive knowledge embodied in people (correct)
- The financial assets owned by individuals
- The physical infrastructure of a nation
When does population become human capital?
When does population become human capital?
- When the average income of the population increases
- When there is investment made in the form of education, training, and medical care (correct)
- When the birth rate exceeds the death rate
- When the unemployment rate decreases
What does the chapter 'People as Resource' aim to explain?
What does the chapter 'People as Resource' aim to explain?
- The impact of population growth on the environment
- The history of human resource management
- The relationship between education and crime rates
- People as an asset for the economy rather than a liability (correct)
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