How can population of a nation become human capital? Explain.
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The population becomes human capital when the humans themselves act as the resources.
This can be achieved by educating more and more people and giving everyone a chance to acquire a significant skill that will promote the production of any kind.
When there are skilled and knowledgeable people from all backgrounds, then the economic growth of the country will be developed.
Thus, the education and skill management must be promoted among all backgrounds.
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