) Which factor turns the population into human capital
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Human capital is measured by health, education and quality of standard of living. Therefore, the components of HDI, viz, Life Expectancy Index, Education Index and Income Index, are directly related to human capital formation within the nation.
Explanation:
Human capital is the backbone of human development and economic development in every nation. human capital management is about three key capacities: the capacity to develop talent, the capacity to deploy talent, and the capacity to draw talent from elsewhere. Collectively, these three capacities form the backbone of any country's human capital competitiveness.
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