What are the Economic Benefits of Human Capital?

Q: Discuss and evaluate:The path to economic development has been blazed by American capitalism. It is…

A: The economic development in the world economy started especially with the growth of…

Q: Causes of capital flight

A: Introduction Capital flight is a large-scale exodus of financial assets and capital from a nation…

Q: What is the role of a citizen in contributing towards sustainable development goals especially…

A: The Sustainable Development goals are 17 global goals spread across several themes that were adopted…

Q: Do the business has a moral responsibility to create jobs for the? Or is that only the government's…

A: Government has the responsibility to provide the jobs because if the government does not provide the…

Q: Compare and contrast natural resources and natural capital

A: Resources: An asset is an actual material that people need and worth like land, air, and water.…

Q: In a capitalist economy, is income inequality necessary for economic growth?

A: - Income inequality is the unequal income distribution between different entities in society. It is…

Q: How sustainable is economic growth?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: How can trade affect growth and its effect on poverty?

A: Trade: - it is the buying and selling of goods and services. There is direct link between poverty…

Q: What does capital intensive require?

A: The technique of production used to produce the goods and services depends upon the type of goods…

Q: What emerged after deindustrialization?

A: The deindustrialization implies that the reduction of industrial activities in an economy.

Q: How sustainable development is depend on socio economic development?

A: Sustainable development means striking a balance between meeting the human needs of development and…

Q: The smaller the percentage of people who work, the higher the potential output per capita.

A: Potential output is also said as the natural GDP which says the maximum level of real GDP that can…

Q: Why might high levels of inequality lead to power rates of growth and development? Why might it be…

A: Maintaining equity or reducing inequality is one of most important objectives of any government.…

Q: What is the difference between “organisation” and “institution”? Is one more important than the…

A: An organization is used to mean a bunch of individuals, engaged in chasing the planned goals or set…

Q: What are the barriers to development? If development is so difficult, why do nations undertake it?

A: The development is the condition when there would be an increase in income and the per capita income…

Q: Reasons why resource rich countries tend to grow slower as compared to resource poor counter paths

A: Resource-rich countries are those that have abandoned sources of natural resources such as…

Q: Does social mobility boost economic growth?

A: Social Mobility : The social mobility can be explained as the movement of individuals, families,…

Q: Provide details on human development?

A: Human development is the process of enhancing people's choices, including those related to…

Q: Considering the determinants of productivity, can you list and explain some things that would tend…

A: There are four determinants of productivity: 1) Human capital 2) Natural resources 3) Technological…

Q: Why have some countries not industrialized?

A: Most economies start growing from agriculture and then to the secondary sector. When the economy is…

Q: What were other sources of economic growth besides slavery?

A: Economic Growth is the increase in the output or production of goods and services in the country…

Q: What are 4 causes and 4 effects of industrialization on immigrants?

A: 4 Effects of industrialization on immigrants The Industrial Revolution altogether affected…

Q: How does each variable in the production function reflect economic prosperity for a nation?

A: Answer in step 2

Q: What is Theodore Schults concept of human development?

A: Human development is the process of improving the well-being of humans by increasing their freedom…

Q: Under what circumstances does labor productivity grow?

A: If the quantity of money increases, the value for money decreases. Hence, it will not account for…

Q: What is the LPG Model of Development?

A: The LPG Model of Development was introduced by Dr. Manmohan Singh in 1991.

Q: Give one information that can be gathered from the Human Development Index (HDI) of a country that…

A: The Human Development Index was established to underline that people and their talents, not just…

Q: If at the same time that the demand for human capital increases, there is also a reduction in the…

A: Human Capital is defined as an asset that in intangible and includes the qualities of the workers…

Q: How does economic growth reduce poverty?

A: Economic Growth : The economic Growth can be defined as an increase in the production of goods and…

Q: The 10 Pros and 10 Cons of Entrepreneurs contribution to jobs and economic growth.

A: Entrepreneurs are one of the economy's most valuable assets. Entrepreneurs who are productive boost…

Q: How is fertility related to population growth?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: What is human capital? 2 Examples needed.

A: Human capital ensures the growth of an economy by supplying it with skilled workers. It leads to…

Q: . Productivity of land can be raised by

A: To find : What can be raised by productivity of land.

Q: In the figure below, which of the lines represents the lowest per-capita rate increase (r)? 500 400…

A: Per capita rate of increase (r) is of population size (N) over some span of your time (t). It are…

Q: True or False. Because older adults have more human capital, they are more likely to migrate to…

A: Migration is the situation where people from one region travel to another in search of livelihood,…

Q: What Is Capital Equipment?

A: Capital equipments are capital goods which are used by firms to produce other goods and services,…

Q: Is capital a man - made productive resources

A: When talking about economic activities, production is the primary activity that needs various…

Q: What should be the administrative arrangement to attain sustainable entrepreneurial development?

A: Sustainable development is a philosophy that aims to achieve human development goals while also…

Q: What is the opportunity cost of investing in the capital?Do you think a country can overinvest in…

A: Opportunity cost is defined as the cost of foregoing an option. Opportunity cost of investing in…

Q: Contrast the experiences of the Ogoni people of Nigeria with those of the citizens of Alaska. How…

A: Oli Drilling  Oil drilling is the process of boring tubing through the earth's surface and…

Q: How would the objective of economic growth through free markets conflict with an objective of social…

A: Economic growth through free markets is based on efficiency i.e. the producers are selling at a…