Share This Article:

Economic Definition of human capital. Defined.

Offline Version: PDF

Term human capital Definition: The sum total of a person's productive knowledge, experience, and training. The acquisition of human capital is what makes a person more productive. One of the most notable methods of stocking up on human capital is through formal education--from grade school to advanced college degrees. However, human capital is also effectively obtained through less formal training and highly informal on-the-job experiences.


« How? | Human Development Index »


Alphabetical Reference to Over 2,000 Economic Terms