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Digiron [165]
3 years ago
6

What does the term human capital refer to? A. the specialized skills and knowledge of some workers B. the cost of hiring workers

C. the government center for workers D. the number of workers available to work at any given time
History
1 answer:
Trava [24]3 years ago
6 0

A would be the correct answer. Human capital refers to knowledge, experience, and the skills of an employee.  

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3 years ago
A. Explain absolutism and is significance.
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Absolutism was a very common form of government in Europe between the 16th and 19th centuries and defended the theory of the king's absolute power over the entire nation. The power of kings during the <u>Middle Ages </u>was considered limited compared to the absolutist period, as there was a lot of political fragmentation and the king's influence depended on a relationship of vassalage, in which the exchange of favors between kings and nobles guaranteed real power.

As modern nations were being structured, mainly England, France and Spain, and as trade resurfaced in Europe, a new social class emerged with great economic power: the bourgeoisie. For the bourgeoisie, the political and economic fragmentation that existed since the Middle Ages was not interesting, as it affected their business, mainly because of the differences in currency and taxes existing from one province to another (even in provinces of the same kingdom, there were these differences in currency and taxes).

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4 years ago
Why are there such great differences in the wages and salaries paid to different people?
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<span>There are such great differences in the wages and salaries paid to different people because a worker's human capital is the greatest determinant of his or her wage or salary. Each person's human capital is valued according to the amount of education and training that person had throughout their life. So it is only natural that a person with two PhDs should have a higher salary that those who've only finished high school. </span>
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