Question

Europe was hurt by the financial crisis in 2008. High unemployment hit all areas of the population. However, the group that was hit the hardest were young people, ages 18-25 years of age. Many of these young people ended up leaving and moving to other areas looking for work. Many new initiatives and educational programs in the European Union are aimed at young people to give them better educational and vocational skills.
What is the European Union making an investment in to help improve the lives of the young people?
A) human capital
B) entrepreneurship
C) capital goods
D) natural resources

Answer 1

Answer: Human capital  

   

Explanation: In simple words, human capital refers to the economic value that arises due to the knowledge, skills and experience of the labor in an economy.

In the given case, European union is aiming to provide better education and vocational knowledge to the young labor of the economy so they contribute to the continuously lowering GDP.

Hence from the above we can conclude that the correct option is A.

Answer 2

Answer:

human c  a p i t a l

Explanation: