Question

a) How investment can be made in human?
b) Explain the economic activities and classified them.
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Answer 1

Explanation:

Investments can be made on humans by educating them,human capital investment definition helps you understand the importance of investing time and money into education and training opportunities.

Human activities which generate income are known as economic activities. Economic activities are broadly grouped into primary, secondary, tertiary activities

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Answer 2

Answer:

A. Human capital investment is the process companies use to develop employees. Businesses invest in employee training to improve business operations, which reduces wasted resources from unskilled workers and increases overall employee efficiency.

B. The classification of activities divides economic activities into categories which, by aggregation, make it possible to define the sectors of activity (Agriculture, Industry, Construction, Trade, etc.). The units in which business statistics are concerned (enterprises, legal units, establishments, etc.)

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