Human Capital in Zambia (view)
Units included with this Open Author resource:
- Unit 1
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- Keywords:
- Human Capital Theory
Summary
Human Capital Theory is a framework that examines the relationships between education, economic growth, and social well-being. It is an extension of the capital concept and posits that expenditures on education, job training, and health are capital investments that will yield economic and social returns at the individual and societal levels.