Question

Difference between human resources and human capital formation

Answer 1

Answer:

Human capital management (HCM) is an approach to employee staffing that perceives people as assets (human capital) whose current value can be measured and whose future value can be enhanced through investment. Human resources is a general term used to represent the people element within organizations.

Answer 2

Answer:

Human Resource :

The people of a country are known as human resource. It may or may not contribute significantly to the economy of a nation.

Human capital formation :Healthy and educated human population is known as human capital formation. It contributes significantly to the economy of a nation.

Explanation:

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