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Human Capital
Human Capital
Human Capital
Human capital is considered to be one of the most important elements of success. The
process of developing human capital requires creating the necessary environments in
which employees can learn better and apply innovative ideas, acquire new
competencies, develop skills, behaviors and attitudes.
Health
Migration
People migrate from one place to another in search of jobs with higher
income prospects.
Unemployed people from rural areas migrate to urban areas in search of jobs.
Following are the importance of Human Capital for social and economic development
Effect on Health and Nutrition: Human Capital also invest in health and
nutrition. It is the common knowledge that illness, illiteracy and low productivity
are the basic causes of poverty. If proper investment is made of health and
nutrition there will improvement in health of people thus it will increase their
desire to work which will increase the productivity. This will help in raising income
and higher economic growth of the country.