Human Capital

Human Capital 이원모 2004-03-11 13:26:36 조회: 19

Human capital consists of the skills, knowledge, and other factors, such as health, that improve an individual’s ability to produce goods and services. One reason people earn different incomes for different jobs are that they differ in the quantity and quality of their human capital. Human capital is developed through education and training. By investing time, energy, and money in human capital, people expect to be more productive and to receive a higher income, greater job satisfaction, and better job opportunities. It is important for students to realize that decisions that they make now will influence their development of skills and knowledge in the future.