Question

Human capital is the Group of answer choices

1. knowledge and skills that workers acquire through education, training, and experience.
2. stock of equipment and structures that is used to produce goods and services.
3. total number of hours worked in an economy.
4. same thing as technological knowledge.

Answer 1

1. knowledge and skills that workers acquire through educaton, trining, and experience.

Step-by-step explanation:

Human Capital means the source used for the production process in the form of human beings that is labours or staff members. They add to the profits of the company through helping the company in creating the goods and services.

It is the knowledge ,skills and experience of the workers or the labours which in return helps in creating the goods and services.

A company can make the best use of its human capital by investing money in providing education and training to the workers or the labours.

It also invovles the transformation of the people of the society into workers for the production process.