a) When does population
become human capital ?
b) What is human capital?
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Answers
Answer:
(a) the population becomes human capital when the human themselves act as the resorses this can be achieved by aducating more and more people and giving everyone a chance to acquire a significant skill that will promote the production of any kind
QUESTION: WHEN DOES POPULATION BECOMES HUMAN CAPITAL??
ANSWER :
➡Population becomes Human capital when they are educated enough to be working in the private Sectors and earn high yields both for the country as well as for themselves and are Healthy. Another reason could be when they start to gradually increase the productivity of something and become an asset.
QUESTION : WHAT IS HUMAN CAPITAL??
ANSWER :
➡Human capital is the stock of habits, knowledge, social and personality attributes embodied in the ability to perform labour so as to produce economic value. Human capital is unique and differs from any other capital. It is needed for companies to achieve goals, develop and remain innovative.