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What Is Human Capital? What Comprises Human Capital

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What is human capital? What comprises human capital?


Definitions:

Randomly

Without method or conscious decision, in a way that seems unpredictable or without pattern.

Framing Effect

A cognitive bias where people decide on options based on whether they are presented in a positive or negative way.

Risky Strategy

In decision making, opting for an option with potentially higher rewards but also higher risks, often contrasted with a safe or conservative approach.

Gains

Benefits, improvements, or increases usually achieved through effort, such as in skills, knowledge, or material success.

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