Asked by Michelle Martin on Jul 25, 2024
Verified
Human capital investment refers to spending on education and worker training.
Human Capital Investment
The process of increasing the value of a workforce through education, training, and health initiatives.
Worker Training
The process of providing employees with the knowledge and skills required to perform their job effectively, often leading to increased productivity and job satisfaction.
- Describe the significance of human capital investments in the labor market.
Verified Answer
LS
Loren SandersJul 30, 2024
Final Answer :
True
Explanation :
Human capital investment is defined as the spending on education and worker training to improve the productivity and skills of the workforce.
Learning Objectives
- Describe the significance of human capital investments in the labor market.
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