Which description is the best example of human capital?
O A. A new law regulating trade in a country
O B. A piece of land owned by the government
O C. A miner with experience digging for coal
OD. A truck used to ship products to another state

Respuesta :

Answer: the correct answer is C. A miner with experience digging for coal

Explanation:

The stupid person who answered this made me get it wrong

Human capital is best illustrated in option C. A miner with experience digging for coal.

Human capital:

  • Is the value that can be gained from a person being skilled in a line of work
  • Is acquired from education, experience and intelligence

The miner in question is able to dig for coal efficiently because they have experience in it. This experience leads to more coal being mined such that more money is made.

In conclusion, the experience of the miner leads them to be able to extract more coal and therefore create more value. This is human capital.

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