Question

II. Fill in the blanks:
6. Two ends of a class are called
7. Most frequently observed value in a series is called
8. Tax on income of individuals is called
9. The contribution of the educated person to economic growth is more than that of an
10. Majority of workforce reside in
area in our country.
person.​

Answer 1

Answer:

Human capital and economic growth have a strong correlation. Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people.

Human capital refers to the knowledge, skill sets, and experience that workers have in an economy. The skills provide economic value since a knowledgeable workforce can lead to increased productivity. The concept of human capital is the realization that not everyone has the same skill sets or knowledge. Also, the quality of work can be improved by investing in people's education.