Human Capital differs from physical or financial capital in that it refers to the skills, knowledge, and experiences of an individual or workforce, which can be used to create economic value. Unlike physical or financial capital, human capital cannot be transferred or sold, but it can be enhanced through education and training. It is a critical resource for businesses and economies, as it can drive innovation and productivity.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
View summary