Economics · Human Capital Formation
Human capital formation contributes directly to economic growth primarily by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Increasing the availability of natural resources
- 2Reducing the requirement for physical capital
- 3Improving labor productivity and skill levels✓
- 4Increasing the size of the total population
Correct answer
Improving labor productivity and skill levels
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