Define ‘Human Capital.’ Explain Human Capital Formation in India.
Answers
Answered by
0
Answer:
Meaning Human Capital Formation: ... According to Harbison, the human capital formation indicates, “the process of acquiring and increasing the number of persons who have the skills, education and experience which are critical for the economic and the political development of the country.
Answered by
2
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.
Similar questions