Human capital refers to the knowledge, skill sets and motivation that people have, which provide economic value. Human capital realizes that not everyone has the same skill sets or knowledge and that quality of work can be improved by investing in people's education.
Economic growth is an increase in an economy's ability, compared to past periods, to produce goods and services. It can be measured by measuring the percentage in the real gross domestic product (GDP) of a country. For example, suppose a country increased its real GDP at an annual rate of 2.5%. This country is experiencing economic growth and has an increase in the value of all goods and services.
Your answer is CHRISTMAS.
A late winter holiday celebrated by Cajuns is called CHRISTMAS.
HOPE IT HELPS YOU.
Answer:
They tend to increase the GDP of the country.
Explanation:
GDP is calculated by adding a country's Consumption , investment, Government spending, and net Export.
If a government spent money to create programs that increase human's capital, that spending will be considered as 'Government Spending' within the calculation. As a result, this will increase the amount of GDP that the country produce in that year. On top of that, investing in human capital tend to also accelerate the growth rate of GDP in the future. Increasing quality of human capitals tend to attract investments from foreign countries.
