Definition of human capital in English:
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
- An economy well endowed with human capital is likely to experience a high growth rate.
- Fisher clearly understood how investment in human capital operated and the tax consequences for his proposal.
- The use of female teachers reduced the cost of human capital development.
Definition of human capital in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan