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You are talking to an exchange student about the different styles of education that occur in the United States and in her country.She told you that grades matter very little and standards for performance are very relaxed.In fact, they have 4 years of university-sanctioned leisure to think and to explore.What country is she most likely from?
Firm-Specific Human Capital
Skills, knowledge, and abilities that an employee acquires through training and experience that are valuable to a specific firm.
Tacit Knowledge
Knowledge that is difficult to transfer to another person by means of writing it down or verbalizing it, often gained through personal experience.
Civilian Conservation Corps
A public work relief program in the United States during the Great Depression that provided unskilled manual labor jobs related to the conservation and development of natural resources.
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