What is culture and human capital human capital is the, Ask an Expert

Economics

What is culture and human capital?

Human capital is the knowledge, experience and skills of employees and can be raised by investing into education, job training and health care. Important human capital is a major purpose for high standards of living in DCs

Culture:

Culture consider to a shared set of social structures, values, norms, traditions training and beliefs for a specified social group area, nation or society.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579734

Have any Question?Write your Review or question?

Related Questions in Business Economics

Understanding the importance of international trade in

Understanding the Importance of International Trade in Various Countries Whereas imports and exports in the United States each account for about one-eighth of total annual national income, in some countries the figure is ...

Eleven people have eleven different favorite numbers from 2

Eleven people have eleven different favorite numbers from 2 to 12. They all agree to participate in a 10,000-roll dice game where they bet $1 on their favorite number for each roll of two standard (fair) dice. A donor ki ...

41 of the doctors in america are dentists if a random

41% of the doctors in America are dentists. If a random sample of size 826 is selected, what is the probability that the proportion of doctors who are dentists will be less than 40%?

Why does a government undertakes expansionary fiscal

Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?

Suppose the production function for a firm is given

Suppose the production function for a firm is given by: q=4L 0.5 K 0.25 . In the short run, the firm has 16 units of capital. Find the Marginal Product of Labor (MP L ). Fill in the appropriate numbers in the function ...

Poblem 1 a firms production function c is given by c q

Problem 1. A firm's production function C is given by C (q) = 0:5q 2+2q 1 2 +18, where q is the level of output. (i) Calculate marginal costs (ii) If all fixed costs are sunk, and the minimum price at which this firm wil ...

Answer in true or false1 compensation of employees is the

Answer in true or False: 1) Compensation of employees is the largest component of national income. 2) National income is the income that individuals and firms earn from their production.

Do you believe corporation pose as a risk to our national

Do you believe corporation pose as a risk to our national economy and to domestic employees based upon external shocks to our economy as well as government regulations and Obamacare?

What causes the ppf to shift outward i think that resources

What causes the PPF to shift outward? I think that resources have to be used but i'm not sure.

You want to you want to estimate the mean weight of

You want to you want to estimate the mean weight of quarters in circulation. A sample of 30 quarters has a mean weight of 5.649 grams in a standard deviation of 0.066 gram. Use a single value to estimate the mean weight ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert