What do you mean by human …
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Posted by Mukul Kumar 😎 5 years ago
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Gaurav Seth 5 years ago
Human capital means the knowledge & enterprise needed to be able to put together the other factors of production into an output for self use or to sell in the market.
Human capital formation is the process of adding to the stock of human capital over time.
Human capital can be developed through the creation of skilled, trained, and efficient labor force by providing better education, health care facilities, etc. Highly skilled people can create new ideas and methods of production
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