Human capital is
A)the same thing as technological knowledge.
B)the same thing as labor.
C)the tools and equipment operated by humans.
D)knowledge and skills that workers have acquired.

Question

Quizplus · Accepted Answer

Human capital refers to the knowledge, skills, and abilities that people have acquired through education, training, and experience. It is not the same as technological knowledge (which refers to the knowledge of how to use technology), labor (which refers to the physical effort involved in work), or tools and equipment (which refer to the physical objects used in production).

Human Capital Is