Asked by Elizabeth Inyang on Jun 04, 2024

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Keira is a farmer. Which of the following are included in her human capital?

A) Her seed drill and what she's learned from experience
B) Her seed drill but not what she's learned from experience
C) What she's learned from experience but not her seed drill
D) Neither her seed drill nor what she's learned from experience

Human Capital

The economic value of the skills, experience, and qualifications of an individual worker or group of workers.

Seed Drill

An agricultural tool that sows the seeds for crops by positioning them in the soil and burying them to the correct depth, ensuring that seeds are distributed evenly and at optimal depths.

Experience

The knowledge or mastery of an event or subject gained through involvement in or exposure to it.

  • Differentiate between human capital and physical capital and their contribution to productivity.
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Verified Answer

MF
Melynda FrostJun 10, 2024
Final Answer :
C
Explanation :
Human capital refers to the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country. In this case, what Keira has learned from experience constitutes her human capital, not the physical tools like a seed drill.