Human capital investment
What Human capital investment means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Human capital investment
Check what you remember
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Reference: Pearson Edexcel
Skills training and education that ensure workers operate machinery effectively, boosting output per worker.
Topics that use Human capital investment
- Productive and allocative efficiency (Pearson Edexcel A-Level)
Related terms
- Allocative efficiency
- Consumer preferences
- Labour productivity
- Market interrelationships
- Market orientation
- Opportunity cost
- Productive efficiency
- Trade-offs
Using Human capital investment in the exam
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