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How does education affect economy?
Education directly affects the level of human capital (skill and knowledge we acquire), which is an input in economic production. Human capital increases economic growth by decreasing the costs of production and therefore increasing cost efficiency.
How does an investment in human capital and capital goods affect GDP?
The more you invest in human capital the higher your GDP goes.
Natural capital and human resources are called the factors of what?
production
How does investing in human capital affect GDP?
it increases it (gdp)
What are the characteristics of human capital development?
as we know human capital is one factors of production and its the most important one without there is no development in the world
How does education affect economy?
Education directly affects the level of human capital (skill and knowledge we acquire), which is an input in economic production. Human capital increases economic growth by decreasing the costs of production and therefore increasing cost efficiency.
How does an investment in human capital and capital goods affect GDP?
The more you invest in human capital the higher your GDP goes.
Factors which are responsible for development of human resource planning?
Social organization and human capital are the factors that are responsible for human resource planning.
What the the four factors of economic growth?
Physical capital, human capital, natural capital & technological change.
What are 4 factors of productions?
human capital capital goods entreprenuership natural resources
Exlplain what factors may effect their nutritional intake?
The factors that affect the nutritional intake in human beings are the quality and quantity of the foods that they eat,the biochemical availability and the efficiency of their digestive system.
What are the four factors of economic growth?
The four factors of economic growth are natural resources, human capital (labor), physical capital (machinery, buildings), and technology. These factors work together to drive productivity, innovation, and overall economic expansion in a country.
Natural capital and human resources are called the factors of what?
production
How does investing in human capital affect GDP?
it increases it (gdp)
How does human factors influence or affect the nitrogen cycle?
Human factors influence or affect the nitrogen cycle through interacting physical, chemical and biological processes.
What is an efficiency way for a nation to increase its wealth and income?
It can increase its labor productivity by investing in human capital.
What are the characteristics of human capital development?
as we know human capital is one factors of production and its the most important one without there is no development in the world
