When Does A Human Resource Became A Human Capital?
Answers
the population of a country available
for the production activities is calles as human resource.human resource become human capital when there is
investment made in the form of education,training and medical care.when the existing'human resource' is further developed by becoming more educated and healthy,we call it 'human capital formation'.human capital adds to the productive power of a country.
Answer:
Human resource refers to the resource provided by human, for example, labor. Human capital is the stock of habits, knowledge, social and personality attributes (including creativity) embodied in the ability to perform labor so as to produce economic value. Companies can invest in human capital for example through education and training enabling improved levels of quality and production.