Janet is a farmer.Which of the following are included in her human capital?
A)her tractor and what she's learned from experience
B)her tractor but not what she's learned from experience
C)what she's learned from experience but not her tractor
D)neither her tractor nor what she's learned from experience

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and experience possessed by an individual that make them productive. In Janet's case, her tractor is a physical asset and not a part of her human capital. However, what she has learned from her farming experience is an aspect of her human capital. Therefore, the correct answer is C - what she's learned from experience but not her tractor.

Janet Is a Farmer