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Human capital policy refers to the strategies and guidelines implemented by governments or organizations to enhance the skills, knowledge, and capabilities of the workforce. This includes investments in education, training, health, and employment initiatives aimed at improving the overall productivity and well-being of individuals. Effective human capital policies can drive economic growth, reduce inequality, and foster innovation by ensuring that the workforce is equipped to meet the demands of a changing economy. Ultimately, these policies seek to maximize the potential of individuals as valuable economic assets.

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1w ago

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