According to the chapter, what is the concept of "human capital" most closely related to?

Chapter 8 quizz, Human capital

Quiz
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Science
•
University
•
Easy
Timur Sabitov
Used 1+ times
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40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Physical infrastructure like roads and bridges
The education, health, and skills of a population
Natural resources such as forests and minerals
The stock market and financial assets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economists consider investments in education, health care, and nutrition as:
Consumption expenditures that do not affect future growth
Activities that decrease national productivity
Investments that increase human capital
Luxury expenses affordable only to rich nations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The chapter emphasizes that human development is a cumulative process. This means that:
Skills and health achieved in adulthood have no relation to early life stages
Every stage of a person's life builds on the outcomes of earlier stages
Only late adolescence determines future productivity
Investments in early childhood can be fully replaced by interventions later in life
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which period of life does the chapter highlight as extraordinarily important for brain development?
Late adolescence (age 16-18)
Early childhood (0-5 years)
Middle adulthood (30-40 years)
Old age (65+)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is early childhood considered such a critical period for future economic productivity?
Because only during adolescence do children learn job skills
Because the formation of the brain and essential social, emotional, and cognitive skills occur very early
Because older children can't learn anything new
Because primary schooling only accepts children with early training
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The "life cycle approach" to human development suggests that:
Only early interventions matter
Each stage of a person's development is independent of others
Investments at each stage influence outcomes at subsequent stages
Human development ends once a person starts working
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is "epigenetics," as mentioned in the chapter?
A process by which wealth can be inherited
The influence of environmental factors on the expression of genes across generations
A theory that only genes, not environment, affect development
A medical intervention to prevent malnutrition
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