what is human capital define it (class 9)
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Human capital refers to the stock of skill, ability, expertise, education and knowledge in a nation at a point of time. ... In other words, we need great human capital to create other human capital like doctors, engineers, professors, etc which later will become a human asset and contribute to the economy of the country.
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Human capital is the stock of habits, knowledge, social and personality attributes embodied in the ability to perform labour so as to produce economic value. Human capital is unique and differs from any other capital. It is needed by companies to achieve goals, develop and remain innovative.
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