"Ongoing Education to Improve Knowledge and Skills for Present and Future

question 51

Multiple Choice

"Ongoing education to improve knowledge and skills for present and future jobs" describes:

• A)Training
• B)Employee development
• C)Establishment
• D)Remedial training
• E)Repurposing

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Definitions:

Economic Growth

An increase in a country’s ability to produce goods and services, reflected in an increase in real GDP over time.

Human Capital Investment

The process of increasing the value of a workforce through education, training, and health improvements.

Technologies

The application of scientific knowledge for practical purposes, especially in industry and everyday life.

Resource Endowments

The natural resources, capital, and human skills that a country or region possess, which can influence its economic development and trade patterns.