ERIC Number: EJ477448
Record Type: CIJE
Publication Date: 1993
Reference Count: 0
The Economic Importance of Human Capital in Modernization.
Schultz, Theodore W.
Education Economics, v1 n1 p13-19 1993
Human capital invests in new forms of physical capital, hence, human capital is key to economic progress. Lists eight attributes of human capital; for example, human capital cannot be separated from person who has it, and human capital is not visible. Human capital is necessary component when attempting to improve a person's income and welfare in the modernizing economy. (KDP)
Publication Type: Opinion Papers; Journal Articles
Education Level: N/A
Authoring Institution: N/A