How does human capital contribute to economic development of the society?
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Human capital and economic growth have a strong relationship. Human capital affects economic growth and can help to develop an economy through the knowledge and skills of people.
Human capital refers to the knowledge, skill sets and motivation people have, which provide economic value. Human capital realizes not everyone has the same skill sets or knowledge and that quality of work can be improved by investing in people's education.
Human capital refers to the knowledge, skill sets and motivation people have, which provide economic value. Human capital realizes not everyone has the same skill sets or knowledge and that quality of work can be improved by investing in people's education.
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