Question

What is Human Capital ???

Answer 1

Answer:

Human capital is an intangible asset not listed on a company's balance sheet.

Human capital is said to include qualities like an employee's experience and skills.

Since all labor is not considered equal, employers can improve human capital by investing in the training, education, and benefits of their employees.

Human capital is perceived to have a relationship with economic growth, productivity, and profitability.

Like any other asset, human capital has the ability to depreciate through long periods of unemployment, and the inability to keep up with technology and innovation.

Explanation:

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Answer 2

The economic value of skills and knowledge of people.

Explanation:

• Human capital can be defined as the asset which comes in the form of skills and knowledge owned by the workers and employers of any organization.
• Human capital is not visible therefore it is an intangible asset of a company. It is not recorded on the balance sheet of the companies.
• However, human capital greatly defines the success and failure of any economic activity.
• The Human capital of a nation can be built with the help of education, healthcare facilities, better infrastructure, and better life standard.