Heritage Girls' Boarding School

Human capital is the collective skills, knowledge, experience, and abilities possessed by individuals that contribute to their productivity and economic value. It is a key driver of economic growth, societal development, and personal prosperity. Education plays a central role in human capital formation by equipping individuals with the knowledge, skills, and competencies necessary to thrive in the workforce and contribute to the economy. In this article, we will explore the relationship between education and human capital formation, discussing how education enhances human potential, drives economic progress, and leads to social well-being. We will also examine the types of education that contribute to human capital development and the broader impacts of a well-educated population on society and the economy. What is Human Capital? Human capital refers to the value that an individual brings to the workforce through their skills, knowledge, experience, and abilities. Unlike physical capit