Question : Human capital refers to:

Option 1: Physical capital used in production
 

Option 2: Financial capital used in production
 

Option 3: Skills, knowledge, and education of the workforce

Option 4: Natural resources used in production

Question : Human capital refers to:

Option 1: Physical capital used in production
 

Option 2: Financial capital used in production
   

Option 3: Skills, knowledge, and education of the workforce

Option 4: Natural resources used in production

Question : What is the role of education in human capital formation?

Option 1: It increases income inequality.

Option 2: It reduces the productivity of the workforce.

Option 3: It enhances the knowledge and skills of individuals.

Option 4: It hinders economic growth.

Question : The process of matching the knowledge, skills, and abilities of employees with the requirements of specific jobs is known as:

Option 1: Succession planning

Option 2: Job analysis

Option 3: Career development

Option 4: Job matching

Question : Human capital refers to:

Option 1: Physical assets owned by individuals

Option 2: Knowledge, skills, and abilities possessed by individuals

Option 3: Financial resources invested in education

Option 4: Natural resources utilized by individuals