Which of the following statements is true?
A) Human capital is more important than social capital
B) Social capital is more important than human capital
C) Human and social capital are both extremely important
D) Neither human nor social capital are very important
E) Research has not studied this topic, so no one knows how important either form of capital is

Question

Quizplus · Accepted Answer

Human and social capital are both extremely important. Human capital refers to the skills, knowledge, and abilities that individuals possess, while social capital refers to the networks and relationships that individuals have with others. Both types of capital are crucial for personal success and societal well-being. Without human capital, individuals would lack the skills and knowledge necessary to perform their jobs and contribute to society, while without social capital, individuals would lack access to important resources and opportunities. Research has shown that both types of capital are positively related to a range of outcomes, including individual income, health and well-being, and community development. Therefore, it is important to develop and invest in both human and social capital.

Which of the Following Statements Is True