Question

Human capital is ______.

1. intangible in nature
2. imperfectly mobile
3. inseparable from its owner

Options

• (i) and (ii)

• (i) and (iii)

• (ii) and (iii)

• (i), (ii) and (iii)

Answer 1

Human capital is intangible in nature, imperfectly mobile, inseparable from its owner.

Explanation:

Human capital is an intangible concept that represents people’s knowledge, skills, and abilities. It is imperfectly mobile because people cannot travel freely for social, cultural, or personal reasons. It is also inseparable from its owner, because a person’s knowledge and talents cannot be separated from them.