Dino Ossola
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4 days ago · Learn what human capital is, how it relates to the economy, and how to measure it. Find out the types, examples, and history of human capital, as well as the criticism and risk of the theory.
- Will Kenton
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings.
Jan 3, 2019 · Human capital is the sum of knowledge, skills, experience and social qualities that contribute to a person’s ability to perform work in a manner that produces economic value. Learn about human capital theory, its history, components and how it relates to education, health and economic growth.
- Robert Longley
In the 1960s, the term human capital was made popular by two American economists, Gary Becker and Jacob Mincer, who used it to describe the mixture of skills, knowledge, experience, habits and personality in each of us that can be put to productive use.
human capital, intangible collective resources possessed by individuals and groups within a given population. These resources include all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed individually and collectively, the cumulative total of which represents a form of wealth available ...
Sep 13, 2022 · Human capital is the economic value of a person's abilities and the qualities of their labor that influence productivity. Examples of human capital include the education, technical training, or problem-solving skills that a person offers to a business.
A global effort to accelerate more and better investments in people for greater equity and economic growth. Find out why, how, and where the World Bank, countries, and partners are working to close the human capital gap in the world.
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