How does human capital create both …
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Meghna Thapar 5 years, 2 months ago
Human capital is important because it is perceived to increase productivity and thus profitability. Human capital creates both private and social benefits, whereas physical capital creates only private benefit. The two major sources of human capital in a country are (i) Investment in education (ii) Investment in health Education and health are considered an important input for the development of a nation.
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