Question

Define the following terms:
a) Human capital
b) Infant mortality rate
c) Birth rate
d) Death rate

Answer 1

Answer:

a) Human capital is the economic value of the abilities and qualities of labor that influence productivity. These qualities include higher education, technical or on-the-job training, health, and values such as punctuality.

b) Infant mortality rate (IMR) is the number of deaths per 1,000 live births of children under one year of age. The rate for a given region is the number of children dying under one year of age, divided by the number of live births during the year, multiplied by 1,000.

c) Birth rate (or crude birth rate): The annual number of births per 1,000 total population.

d) Death rate (or crude death rate): The annual number of deaths per 1,000 total population.

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Answer 2

Explanation:

infant mortality rate:The infant mortality rate is the number of deaths under one year of age occurring among the live births in a given geographical area during a given year, per 1,000 live births occurring among the population of the given geographical area during the same year

birth rate:Number of children born per thousand persons in a year is called birth rate.

death rate:Number of persons dying per thousand in a year is called death rate.

human capital :the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country is called as human capital

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