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It was said that scuba divers who were out in the ocean came up after the Indonesian tsunami passed to find the land devastated. They didn't see a thing. Could that have happened? Explain why or why not.
Labor Force
The total number of people employed or actively seeking employment in a specified market or economy.
Tangible Capital
Physical assets owned by a firm or individual that are used in the production process, such as machinery, buildings, and equipment.
Intangible Capital
Non-physical assets possessed by a company, such as intellectual property, brand recognition, and goodwill.
Human Capital
The set of skills, knowledge, abilities, and attributes that individuals can use to create economic value.
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