human capital

English

Noun

human capital (uncountable)

  1. (economics) The stock of competencies, knowledge, habits, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value.
    Coordinate terms: social capital, cultural capital
    • 2020 July 28, Thomas B. Edsall, “Trump Is Trying to Bend Reality to His Will”, in New York Times‎:
      The authors found that human capital, including learning skills, accounted for “61.2, 62.4, and 66.0 percent of the variation in lifetime earnings, lifetime wealth, and lifetime utility” — a measure of life satisfaction.

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