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Jun 13, 2024 · Learn what human capital is, how it relates to the economy, and how to measure it. Find out the types, examples, and special considerations of human capital, as well as its history and criticism.
- 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.
This is where the Human Capital Index comes in: it tracks and quantifies how countries develop and deploy their working people. The latest index ranked 130 countries according to how well they engaged and developed their people.
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
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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.
- Kimberly Amadeo
The Human Capital Project (HCP) is a global effort to accelerate more and better investments in people for greater equity and economic growth. It provides data, reports, case studies, and resources on human capital development, and hosts annual ministerial conferences and peer learning series.
Human capital is the intangible collective resources possessed by individuals and groups that can generate material wealth and performance. Learn about the concept, the human-resource capitalism model, and the management practices that influence human capital in economics and organizations.