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Asked by Ashok Last Modified
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Mandakini Singh
Teaching is more than just a job, it is a responsibility. A responsibility to help shape career..
Harpreet Kaur
IELTS, Interviewer, Spoken English trainer with 2 years of experience in IELTS industry.
Human capital considers education and health as a means to increase labour productivity. On the other hand, human development is based on the idea that education and health are integral to human well-being because only when people have the ability to read and write and the ability to lead a long and healthy life, they will be able to make other choices they value.
In human capital view, any investment in education and health is unproductive, if it does not enhance the output of goods and services. In the human development perspective, human beings are ends in themselves. So, human capital is a part of human development.
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