Human capital

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The stock of competencies, knowledge, habits, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value. uncountable

    "The authors found that human capital, including learning skills, accounted for “61.2, 62.4, and 66.0 percent of the variation in lifetime earnings, lifetime wealth, and lifetime utility” — a measure of life satisfaction."

Example

More examples

"The authors found that human capital, including learning skills, accounted for “61.2, 62.4, and 66.0 percent of the variation in lifetime earnings, lifetime wealth, and lifetime utility” — a measure of life satisfaction."