Question

What is meant by investment in human capital?​

Answer 1

Answer:

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Investment in human capital is believed to be positively related to economic growth.It leads to efficient utilisation of the material inputs and capital. With increase in productivity, output increases at an increasing rate and hence economic growth accelerates.

Answer 2

Answer:

▪︎Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills. ... So the more a company invests in its employees (i.e., in their education and training), the more productive and profitable it could be.

Explanation:

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