Which Factor of Production Does Human Capital Enhance

question 5

Multiple Choice

Which factor of production does human capital enhance?
i.land
ii.labor
iii.capital

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) i, ii, and iii

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Definitions:

Fundamental Characteristics

The basic and essential attributes or qualities that define a subject or object.

Adolescents

Young people in the transitional stage from childhood to adulthood, usually ranging from ages 13 to 19.

Commitment

According to Marcia, individuals’ sense of allegiance to the goals, values, beliefs, and occupation they have chosen.

Emotional States

Conditions of feeling or affecting the mood of an individual, ranging from happiness and contentment to anxiety and sadness.