Human capital and economic growth have a strong correlation. Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people.
Human capital refers to the knowledge, skill sets, and experience that workers have in an economy. The skills provide economic value since a knowledgeable workforce can lead to increased productivity. The concept of human capital is the realization that not everyone has the same skill sets or knowledge. Also, the quality of work can be improved by investing in people's education.
Taking out loans, not making payments on time
The name of that Russian ruler is <span>Ivan IV Vasilyevich or Ivan the Terrible.
The nick name 'terrible' came from his cruel and harsh nature towards all the enemy that he faced.
In the expansion process, he's never had a doubt to killed all the enemies that stand in his way and often use the way of terror to make other kingdom submit.</span>