
Human Capital Investment
Human Capital Investment refers to the process of enhancing individuals' skills, knowledge, and abilities through education and training. This investment improves a person's productivity and potential earnings over time. For example, pursuing higher education or vocational training can lead to better job opportunities and higher salaries. By investing in their own human capital, individuals can increase their value in the job market, contributing to personal growth and economic development in society. Essentially, it's about recognizing that skills and education are assets that enhance one's capacity to succeed professionally.