What is human capital, and what factors contribute to human capital development?
What will be an ideal response?
Human capital refers to the knowledge and skills possessed by the workforce. Education and training add to human capital and make people more productive. Basic health care also allows workers to become more productive. This includes access to clean water, adequate sanitation, and immunizations against common diseases plus the availability of health care professionals.
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In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are
A) more than 230 of these agreements. B) 30 of these agreements. C) none of these agreements remaining. D) more than 10,000 of these agreements.
Economic experiments show that people care more about winning a game than about its intrinsic fairness
a. True b. False Indicate whether the statement is true or false