Which of the following refers to the ability to work together and comprises goodwill in private enterprises?
Intellectual Capital
Social Capital
Instructional Capital
Natural Capital
Social Capital refers to the capacity to work together and further human capital, which is also captured as brand value.
Q25. Which of the following statements are correct?
1. A mixed economy refers to market economy with strong regulatory oversight and governmental provision of public goods.
2. A socialist economic system is characterized by social ownership and democratic control of the means of production.
3. Capitalism is an economic system in which capital goods are owned by private individuals.
4. Marxian economics provided a foundation for capitalism.