Human capital

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The skills, knowledge and experience of an individual, organisation, or population, regarded as a resource or asset.

Human capital encompasses:

  • Investing in people, for example, education, training and health; and
  • The belief that these investments increase an individual’s productivity.

The World Bank's Human Capital Project defines human capital as the knowledge, skills, and health that people accumulate over their lives, enabling them to realise their potential as productive members of society.

See also

External link

The World Bank's Human Capital Project