Investment In Human Capital
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Investment In Human Capital Elizabeth, Alcavia, Jabrial, and Imani
Standard:SS7E7.a
Explain the relationship between the investment in human capital (education and training) and gross domestic product(GDP) ?
Definition of Human Capital Human
capital refers to the stock of skills and knowledge embodied in the ability to perform labor so as to produce economic value. It is the skills and knowledge gained by a worker through education and experience.
Definition of GDP GDP
is Gross domestic product. For a region, the GDP is "the market value of all the goods and services product by labor and property located in" the region, usually a country.
relations When
more people get an education and the rate gets higher the GDP get higher to.
The End
!
Standard:SS7E7.a
Explain the relationship between the investment in human capital (education and training) and gross domestic product(GDP) ?
Definition of Human Capital Human
capital refers to the stock of skills and knowledge embodied in the ability to perform labor so as to produce economic value. It is the skills and knowledge gained by a worker through education and experience.
Definition of GDP GDP
is Gross domestic product. For a region, the GDP is "the market value of all the goods and services product by labor and property located in" the region, usually a country.
relations When
more people get an education and the rate gets higher the GDP get higher to.
The End
!
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