Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 25 - Part IX - Production and Growth - Questions for Review - Page 545: 3

Answer

College degrees and things such as training for federal programs are forms of human capital. The techniques learned with these things improve a worker's productivity.

Work Step by Step

Understand what human capital entails and how these features improve productivity.
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