Human Capital PPT
Human Capital
Capital
- Cash or goods used to generate income either by investing in a business or a different income property.
- The money, property, and other valuables which collectively represent the wealth of an individual or business.
Human Capital
- Human capital is the attributes of a person that are productive in some economic context.
- Human capital is the stock of competencies, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economics value.
Human Capital Development
- Human capital development is the act of increasing the productive qualities of labor forces by providing more education and by increasing skill, health and nutrition level.
- If the people of a country are well educated, well nourished, skillied and healthy that will be said to have more human capital.
Types of Human Capital
- Biological capital
- Knowledge capital
- Track record capital
- Social capital
Factors of Human Capital Development
Role of Human Capital
- Country develops if the human capital is developed.
- Improve quality life.
- Create positive attributes.
- Eradication of social backwardness.
Education And Human Capital
- Education is extensively regarded as a route to economic prosperity being the key to scientific and technological advancement.
- Education today is inseparable from the development of human capital.
- Its plays a vital role in human capital formation and a necessary tool forsustainable socio-economic growth.
Economic Aspect of Human Capital
- Full Utilization of Resources
- Effective Planning
- Improved Infrastructure
- Industrial Performance
- Self Employment
- Modern Technology
- Modern Means of Production
- Reduction in Poverty
Social Aspects of Human Capital
- Increase in Literacy Rate
- Improvement in Health
- Better Living Standard
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