Question

How does a population become a human capital

Answer 1

Population becomes a human capital when the country invest in the health and education of its own population

Answer 2

Answer:

1)Population becomes human capital when there is investment made in the form of education, training and medical care.

2) Investment in human capital through education training and medical care yields a return just like investment in physical capital.

3) Higher income is earned because of higher productivity of the more educated or the better trained persons,as well as the higher productivity of healthier people.