Investment in human capital yield is a return just like investment in physical capital. Explain
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There are four factors of production Land, labour , entrepreneur
Investment in human capital means any payment made to human beings for doing anything thiscould be in any form like profit share , salary, incentive, bonus etc
in Return Of this investment human being provide labour work or professional services to business which is necessary to run operations of business
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Investment in human capital through education and training medical care yields a return just like investment in physical capital. higher incomes earned because of higher productivity of more educated or better trained person.
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