Economics · Human Capital
In the context of economics, what does 'Human Capital' refer to?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The total population of a country
- 2The material and financial assets possessed by the population
- 3The skills, knowledge, and abilities possessed by the population✓
- 4The physical infrastructure built by human labor
Correct answer
The skills, knowledge, and abilities possessed by the population
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