Question

Suggest ways how investment in human capital could be beneficial for future?

Answer 1

investment in human capital means investing in education or some form of on-the job training to improve workforce quality. Such investments provide returns to the individual as well as to the economy as a whole. Individuals benefit from higher earnings, and the economy as a whole benefits from higher productivity.

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Answer 2

Answer:

Because human capital can utilise land,labour and physical capital to its potential. Human capital can improve continuously with value addition such as with new learnt skills nad can adapt fastest to change in requirement. Countries like Japan,South Korea have low resources but have invested in human capital and are one of the largest economies today.So investment in human capital could be beneficial for future