HUMAN CAPITAL FORMATION

1. PRESENTED BY:
PRIYANKA LUHANA PART-1

2.  INTRODUCTION
 CONCEPT OF HUMAN CAPITAL
 DIFFERENCE BETWEEN HUMAN & PHYSICAL
CAPITAL
 CONCEPT OF HUMAN CAPITAL FORMATION
 ROLE OF HUMAN CAPITAL IN ECONOMIC
DEVELOPMENT
 SOURCES OF HUMAN CAPITAL FORMATION
 CHALLENGES IN HUMAN CAPITAL FORMATION
 CONCLUSION

3. ❑Human capital refers to the stock of “skill
and expertise” of a nation at a point of time.
❑In other word ,It is the sum total of skill and
expertise of engineers,doctors,professors who
are engaged in the process of
production(goods & services).

6. “Human capital formation is the process of acquiring and increasing the number of persons
who have the skill ,education and experience which are essential for the economic and political
development of a country.”
-G.M. Meier

16.  https://youtu.be/jtipZZE_LDQ