Question

Differenciate between human capital and human capital formation.​

Answer 1

Human capital treats humans as just another resource, like land and building (fixed capital) or inventory (variable capital). ... Human development is the overall process of widening humans' skills and giving them to opportunity to grow, whether in an organisation or at a personal level.

Answer 2

Answer:

Human capital treats humans as just another resource, like land and building (fixed capital) or inventory (variable capital). ... Human development is the overall process of widening humans' skills and giving them to opportunity to grow, whether in an organisation or at a personal level.

Hope it helps. Jai Shri Krishna