Question

Capital is the economic or productive potential of employee knowledge and actions.

A. True
B. False
C. It depends on the industry
D. It depends on the country

Answer 1

Capital is not the economic or productive potential of employee knowledge and actions.

Step-by-step explanation:

Capital is a factor of production that has been produced for use in the production of other goods and services. Office buildings, machinery, and tools are examples of capital. Human capital is the information, skills, knowledge, education, and health of workers. For economists, human capital is one way to think about the quality of labor, while labor refers to the quantity of labor. Therefore, the statement 'Capital is the economic or productive potential of employee knowledge and actions' is False.