describe human capital.Explain any four benifets of investment in human capital.
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HUMAN CAPITAL :-
★Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.
BENEFIT OF INVESTMENT IN HUMAN CAPITAL ARE : -
★An investment in human capital means investing in education or some form of on-the job training to improve workforce quality. Such investments provide returns to the individual as well as to the economy as a whole. Individuals benefit from higher earnings, and the economy as a whole benefits from higher productivity.
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Hope this will help you
Please mark as brilliant !!❤❤
Here is ur answer !!❤❤
____________________________________________________
HUMAN CAPITAL :-
★Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.
BENEFIT OF INVESTMENT IN HUMAN CAPITAL ARE : -
★An investment in human capital means investing in education or some form of on-the job training to improve workforce quality. Such investments provide returns to the individual as well as to the economy as a whole. Individuals benefit from higher earnings, and the economy as a whole benefits from higher productivity.
____________________________________________________
Hope this will help you
Please mark as brilliant !!❤❤
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