Human Capital Theory Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Who initially introduced the notion of human capital as talent?

  • Economist
  • Becker
  • Adam Smith (correct)
  • Schultz

In what form did the economist Becker develop the human capital theory?

  • Most concrete form (correct)
  • Practical form
  • Theoretical form
  • Abstract form

According to the human capital theory, what is education considered as?

  • A cost
  • An investment (correct)
  • A liability
  • A burden

What is a characteristic of professionalism according to the text?

<p>Sufficiently long period of academic training (C)</p> Signup and view all the answers

What is considered an essential component of professionalism based on the text?

<p>Practical experience in the field (C)</p> Signup and view all the answers

What contributes to professionalism as mentioned in the text?

<p>A code of professional ethics (C)</p> Signup and view all the answers

Flashcards

Who is Adam Smith?

Adam Smith introduced human capital as talent.

Human Capital Theory

Education is viewed as an investment in skills and knowledge.

Professionalism Characteristic

A sufficiently long period of academic training.

Essential Professionalism Component

Practical experience in the field.

Signup and view all the flashcards

Professionalism Contribution

A code of professional ethics.

Signup and view all the flashcards

Becker's Development

Becker developed the human capital theory in a more concrete and applicable form.

Signup and view all the flashcards

Study Notes

Human Capital Theory

  • The concept of human capital as talent was initially introduced by Adam Smith.
  • Economist Gary Becker developed the human capital theory in the form of investment in human beings.

Education and Human Capital

  • Education is considered an investment in human capital according to the human capital theory.

Characteristics of Professionalism

  • A characteristic of professionalism is the possession of specialized knowledge and skills.
  • An essential component of professionalism is the commitment to lifelong learning and improvement.
  • Continuous education and training contribute to professionalism.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team
Use Quizgecko on...
Browser
Browser