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Discuss the Attributes of Human Capital

question 18

Essay

Discuss the attributes of human capital. Give examples of how firms work to develop and retain it.


Definitions:

Radios

Electronic devices used for receiving sound broadcasts from radio stations, enabling listening to music, news, and other audio content.

Gains From Trade

The benefits that parties obtain from voluntary trade, where each party can secure goods or services they value more highly than those they trade away.

Knits Sweaters

The craft or process of making sweaters by interlocking loops of yarn with knitting needles.

Hamburgers

A popular sandwich consisting of one or more cooked patties of ground meat, usually beef, placed inside a sliced bread roll or bun.

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