Human capital that people obtain from education, on-the-job training, and work experience that have been produced in the past and that businesses now use to produce goods and services is capital. are goods and services inputs is the knowledge and skill; Tools, instruments , machines, buildings, and other items are productive resources; Inputs and outputs are inputs; Natural resources and other goods

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Human capital that people obtain from education, on-the-job training, and work experience that have been produced in the past and that businesses now use to produce goods and services is capital. are goods and services inputs is the knowledge and skill; Tools, instruments , machines, buildings, and other items are productive resources; Inputs and outputs are inputs; Natural resources and other goods

Answer 1

Human capital is the knowledge and skill that people obtain from education, on-the-job training, and work experience. Tools, instruments, machines, buildings, and other items are productive resources. Inputs and outputs are goods and services. Natural resources and other goods are inputs.

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