What is human capital and why does it matter? Human capital is the stock of habits, knowledge and social and personal qualities, including creativity, that incorporate the ability to do work and produce economic value. It consists of knowledge, skills and health that people invest in and accumulate throughout their lives to fulfill their potential as productive members of society. Investments in nutrition, health care, quality education, and professional skills contribute to the development of human capital and that is crucial to ending extreme poverty and forming more inclusive societies. In this book, take a look at the nuances of human capital and why these seemingly abstract theories affect you more than you realize.
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