Sponsor Area

Human Capital Formation In India

Question
CBSEENEC11009195

Differentiate between human capital and human development.

Solution

Human capital refers to the stock of skill and expertise of a nation at a point of time. It is a means to human development, whereas human development is itself an end.Human capital refers to the stock of skill and expertise of a nation at a point of time. It is a means to human development, whereas human development is itself an end.