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Sagot :
Final answer:
Human capital in an economy refers to the skills and knowledge individuals possess that are essential for the production process. A singer in the economy exemplifies human capital.
Explanation:
Human Capital refers to the skills and knowledge possessed by individuals that can be used in the production process. Workers acquire human capital through education, training, and experience. A singer in the economy is an example of human capital as they possess skills acquired through training and experience.
Learn more about Human Capital in Economics here:
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