Question

a) When does population become human capital ?

b) What is human capital?

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Answer 1

Answer:

A.The population becomes human capital when the humans themselves act as the resources. This can be achieved by educating more and more people and giving everyone a chance to acquire a significant skill that will promote the production of any kind

B.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.

Answer 2

Answer:

Hi cutie.....

• Population becomes human capital when there is investment made in the form of education, training and medical care.

• 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.