what is meant by human capital formation how does investment in human capital yeild a return just like investment in physical capital explain by giving examples
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Human knowledge,skills, entrepreneurship and ideas which help the humans to use the resources present in nature or transform various materials into resources is called Human Capital.
Human Beings when invested with education have more knowledge and skills to make proper use of resources.
Human beings with investment in health will perform the task more efficiently as compared to humans who do not have been invested by.
Human Beings when invested with education have more knowledge and skills to make proper use of resources.
Human beings with investment in health will perform the task more efficiently as compared to humans who do not have been invested by.
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