Examlex
Each of the following are considered the 'why' of sustainable development,except:
Human Capital
Human capital is the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.
Marginal Product
The additional output that is produced by adding one more unit of a specific input, keeping all other inputs constant.
Efficiency Wage
A theory proposing that higher wages lead to increased productivity and efficiency among workers by attracting better applicants, reducing turnover, and increasing worker effort.
Wage Disparity
The difference in wages earned by different groups of people, often segmented by gender, race, or education level.
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