Human Capital refers to the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country. In the job market, human capital is highly relevant as it determines the value of an individual's skills and abilities. Those with high human capital, such as specialized skills or knowledge, are often more sought after by employers and can command higher wages. This is because they can potentially bring more value to the organization with their skills.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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