Investment in human capital is an investment in the development of a workforce’s skills, abilities, and productivity. Investments in human capital are often seen as a good way to promote sustainable economic growth.
Investments in human capital can take many forms including: education, healthcare, nutrition, and social protection.
The main idea behind investments in human capital is that by investing in people we can increase the productive capacity of society.
Human Capital Theory is the idea that investments into people will lead to more productive workers which will lead to higher wages and better living standards for all members of society. The theory essentially argues that money spent in education, training and health care will lead to higher productivity, which leads to higher wages. The theory essentially argues that money spent in education, training and health care will lead to higher productivity, which leads to higher wages.