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  1. Dec 18, 2023 · The term human capital refers to the economic value of a worker's experience and skills. Human capital includes assets like education, training, intelligence, skills, health,...

    • Will Kenton
  2. Jun 14, 2021 · Human capital refers to the intangible qualities and assets that benefit the economy and improve worker performance. These qualities and assets cannot be separated by the people who possess or receive them.

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  4. Human capital, HK, is the stock of knowledge and ability accumulated by a worker that determines future productivity and earnings. It depends on many different attributes – education, experience, intelligence, interpersonal skills etc.

  5. Jan 1, 2024 · Definition. Human capital refers to “the knowledge, skills, competencies, and attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being” (OECD 2001 ). Description. Human capital is an economic concept (Becker 1964 ).

  6. Sep 13, 2022 · Human capital is the economic value of the abilities and qualities of labor that influence productivity, such as education. Definition of Human Capital. Human capital recognizes the intangible assets and qualities that improve worker performance and benefit the economy.

    • Kimberly Amadeo
  7. economics” or the phrase “human capital.” “Human capital” is added to the denominator because some books that use the phrase “ human capital” may never mention the word “economics.” That group is small. Adding other terms, such as “personal capital,” has little impact on the series.

  8. (1) The Becker view: human capital is directly useful in the production process. More explicitly, human capital increases a worker’s productivity in all tasks, though possibly differentially in different tasks, organizations, and situa-tions. In this view, although the role of human capital in the production