Question

What is 5 word definition for Human capital ?

Answer 1

Answer:

Knowledge and habilities of workers.

Explanation:

Human capital is people's education, health, skills, and talents, which can be applied at their jobs, thus improving their production and, therefore, the performance of companies.

This term is common in knowledge-intensive areas, where it is important to maintain, or continue to raise, human capital levels, through education and training. This is to stimulate economic growth.

A larger human capital means that a person can produce more and thereby also receive a higher salary. It is thus in the interest of individuals and nations to achieve a high level of human capital, through investments in education before working life and through experience and skills development during working hours.