Question

Describe the role of human capital in production process.Name two investment that can improve the quality of human capital?

Answer 1

Answer:

Human capital provides income and production .The two investment are health and education.

Explanation:

Human capital provides higher education as well as production because human can make the best use of a resources to gain its maximum produce.

Health and Education is the sector in which human capital could be improved as education would provide knowledge to human beings for performing different tasks and health would provide strength and power to perform physical tasks as well as it would also help in education to focus on studies instead of improving your health.

I hope you would understand the answer. :)

thanks  

Answer 2

Answer:

In human capital ,investment Provides higher income and production because it can co-ordinate all resources together to achieve the optimum amount of production. It is the knowledge and Enterprise required to put together all inputs to produce output.