Question

I JUST REALLY NEED THIS ANSWER

Why do you think the higher the human capital is in a country, the higher a nation's GDP will be? Explain your answer in a few sentences.

Answer 1

Human capital is strongly connected to higher GDP rates. The reason is that if a government invests into higher education, the knowledge that people get from this education helps to expand the economy. As a result they can spend more money and it expands economic growth.

Hope this helps!

Answer 2

Human capital is the skills and knowledge that a population has, with a higher higher human capital it means that the population of a country works harder and does better therefor increasing the GDP because they are more work driven.

Step-by-step explanation: