Which of the following is not part of a worker's human capital? a. Education b. On-the-job training c. Experience d. Effort e. All of the answer choices are parts of a worker's human capital.
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Bonus Knowledge
While education, on-the-job training, and experience are directly linked to enhancing a worker's skills and potential productivity, effort might seem a bit different. It’s more about the individual’s attitude and commitment than a quantifiable skill set. Interestingly, this makes “effort” the less tangible aspect and often illuminates how intrinsic motivation can affect job performance beyond formal training! In real-world scenarios, companies continuously seek motivated employees who not only possess human capital but also demonstrate strong work ethic and commitment. This axis of personal effort can separate the good from the great, as teams with highly engaged members often outperform their peers, driving innovation and productivity through simple dedication and diligence!
