Answered

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Which of the following is an example of human capital?

A. Robots used to manufacture cars.
B. Well-developed financial markets.
C. On-the-job training.
D. Trust among firms that allows short-term credit.

Sagot :

GinnyAnswer

Final answer:

Human capital involves skills, knowledge, and experience that enhance workforce productivity. On-the-job training exemplifies the development of human capital, crucial for economic growth and productivity.


Explanation:

Human capital refers to the skills, knowledge, and experience possessed by individuals that contribute to their productivity in the workforce. An example of human capital is on-the-job training, where employees gain specific skills and knowledge related to their work through practical experience and instruction.

Firms investing in employees' development through training programs enhance their human capital, leading to increased productivity and efficiency within the organization.

Building human capital is crucial for economic growth as skilled workers contribute significantly to the advancement of technology and overall productivity in a market-oriented economy.


Learn more about Human Capital here:

https://brainly.com/question/33848256


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