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Development Economics
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Theodore Schulz
» Theodore Schulz - Practice Questions
Theodore Schulz - Practice Questions
1. American economist Theodore Shultz posited that economies become more productive by investing in people. This is known more generally as investment in _____________________.
*
human capital
labor assets
neither a. nor b.
2. American economist Theodore Shultz proposed that:
*
most economic growth is from human capital
nutrition and health are investments in human capital
both a. and b.