GENERAL KNOWLEDGE

Detailed explanation-1: -Human capital refers to the pool of knowledge, skills, and other human qualities possessed by individuals that contribute to their productivity; it implies the fundamental productive capacities of human beings. Social scientists use this term while refer to the monetary worth of a worker’s knowledge and abilities.

Detailed explanation-2: -Human capital refers to the accumulated skills and talents that a person learns in order to increase his or her success in life.

Detailed explanation-3: -Human capital consists of the knowledge, skills, and health that people accumulate throughout their lives, enabling them to realize their potential as productive members of society.

Detailed explanation-4: -Human capital is the combination of skills and abilities, knowledge, experience, and personal characteristics that make a person a unique individual. It is the resource that will most influence their personal success or failure.

Detailed explanation-5: -Human capital is said to include qualities like an employee’s experience and skills. Since all labor is not considered equal, employers can improve human capital by investing in the training, education, and benefits of their employees.