Question

Can you explain how a d Doctor, teacher, engineer and a tailor are an asset to the economy?

Answer 1

1/-A population becomes human capital when there is investment made in the form of education training and medical care.

2/-Human capital is the stock of skills and productive knowledge embodied in them.

3/-Investment made in the form of education and training in making a doctor, a teacher an engineer and a tailor, has increased their capabilities of providing different services to the people of the country and therefore they are an asset to the economy of a nation.