investment in human capital yields a return just like investment in physical capital explain
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Investment in human capital through education and training medical care yields a return just like investmentbin physical capital. higher incomes earned because of higher productivity of more educated or better trained person.
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Investment in human resources means investing in the creation of such facilities for people that improves the quality of their life and makes it hassle-free. Promoting education, professional training, medical facilities and housing etc. can be termed as investment in human capital. It increases the skills of an individual and makes him more efficient and productive . Thus in future we get a higher income due to higher efficiency and productivity..
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