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Discuss the process theories of motivation.
Human Capital
The collective skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Physical Capital
Assets that are tangible, such as buildings, machinery, and equipment, which are used in the production of other goods and services.
Manufactured Resources
Goods that have been processed or created through manufacturing, used in the production of other goods or services.
Derived Demand
The demand for a factor of production resulting from the demand for the final product it helps to produce.
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