Ashlee wants to open her own food truck. She applies for her business license, gets a small business loan to purchase the truck, food supplies and 2 months wages for 3 teenage employees. She knows there are a few other food trucks in her area, but she will also need to compete with the many fast food restaurants. She decides that she will specialize in healthy alternatives to fast food in order to gain business. She pays to have 2 of her employees train with a famous Vegan chef.

Question

Which of the following would be considered an investment in human capital?

(1 point)
Responses

employees training with a famous Vegan Chef
employees training with a famous Vegan Chef

purchasing food supplies
purchasing food supplies

a small business loan to purchase a food truck
a small business loan to purchase a food truck

2 months wages for 3 teenage employees

Answer 1

The option that would be considered an investment in human capital is:

employees training with a famous Vegan Chef

This is because training and education enhance the skills and capabilities of the employees, which is a key aspect of human capital.