When population became human capital
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Posted by Hitesh Bhojwani 7 years, 3 months ago
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Yogita Ingle 7 years, 3 months ago
1. Population becomes human capital when a country invests in human beings by way of education, health care and training.
2. People with more education, training and health care ensure higher yield.
3. This further progress is called human development formation.
4. This progress in turn leads to better incomes and thereby better standard of living.
5. It is only the human resource that utilizes other resources like land and investments which cannot become beneficial on their own.
6. In countries like India where huge population is a problem can be resolved by converting them into valuable resource by way of investing in human capital.
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