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Q.

What is human capital?

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a

Skills

b

Knowledge

c

Expertise

d

All of the above

answer is D.

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Detailed Solution

Human capital is skills knowledge and expertise.
The federal government never stops working to improve the nation's human capital. The populace's ideas, information, education, and competence lead to enhanced production and investment in the country. With the aim that people would eventually contribute to the nation's national revenue, the government invests a sizable quantity in skill development and training. Using human capital in creating products and services teaches us how to use the land efficiently, how people may work more efficiently with fewer resources, and how to use physical capital. Therefore, it is a crucial resource for the nation.

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