answersLogoWhite

0


Best Answer

IT is the process by which a given individual achieves their highest potential and aspirations by integrating and optimizing a combination of ongoing processes such as education, job seeking, employment, skill formation, and personal development.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Define Human capital formation
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the source of human capital formation?

The sources of human capital formation under the creativity are education and health.The proper education and the proper maintenance of health and child birth can contribute towards human capital formation.


Define and explain the four factors of production landlaborphysical capitalhuman capital?

Define factor of production land ,labour,physical capital ,human capital?


What has the author Gert Hullen written?

Gert Hullen has written: 'The capital of couples and the effects of human capital on family formation'


Role of health in human capital formation?

Health is an important factor in formation of human capital because health of a person helps him to realise his potential and the ability to fight illness. An unhealthy person becomes a liability for an organisation. In short, health is an indispensable basis for realising one's well being. Henceforth,improvement in the health status of the population has been the priority of the country.


Why is human capital considered the best capital?

human capital is consider the best capital bcuz if their will be no human capital so their is no use of other capital also


When does population become human capital?

when a countries people is skilled by well trained-up,then we can consider as human capital. Human capital is the capital of talented and skill people which can be used in an organization to improve its productivity.


Define organizational resources?

Organizational resources are the company assets that the company use for their operations. Organizational resources of an organization are, human resource, finance, capital etc.


What is the definition of Capital formation?

According to Ragnar Nurkse, "The meaning of 'Capital formation ' is that society does not apply the whole of its current productive activity to the needs and desires of immediate consumption, but directs a part of it to the making of capital goods: tools and instruments, machines and transport facilities, plant and equipment-all the various forms of real capital that can so greatly increase the efficacy of productive effort. The term is sometimes used to cover human as well as material capital. It can be made to include investment in skills, education and health-a very important form of investment." Ragnar Nurkse's definition merely implies the accumulation of material capital and neglects human capital.


What is the human geography of Italy?

define: human geography


What is the origin of human capital management?

what is the orgin of human capital management


How do capital and human capital increase the wealth and income of nations?

how do capital and human capital increase the gdp wealth and income of nations


What is the difference's between human capital and human development?

human capital treat education and health as a means to increase capital wheras human develoment considers as integral to human well being