Becker is known as one of the main proponents of the study of what?
Human capital
Animal behavior
Climate change
Astrophysics
Answer
Human capital is the skills, knowledge, and abilities of workers that can be used to produce goods and services. Becker is known as one of the main proponents of the study of human capital because he argued that it is a key factor in economic growth. He believed that human capital is created through investments in education, training, and other forms of human development.
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