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walawalabingbang's avatar

What is the importance of human capital for a country's Gross Domestic Product?

Asked by walawalabingbang (38points) December 15th, 2010

I know there is an importance but for a GDP.. i Would just think capital goods.. So what is the importance for human capital?

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4 Answers

tapestryofregret's avatar

I would just assume it’s because manpower is sorta valuable.

tapestryofregret (446points)“Great Answer” (0points) Flag as…
wundayatta's avatar

GDP is made up of things. The things are created by human capital. No human capital; no things; no GDP.

wundayatta (58722points)“Great Answer” (0points) Flag as…
Trillian's avatar

What does your assigned reading say about it?

Trillian (21148points)“Great Answer” (0points) Flag as…
woodcutter's avatar

I think it revolves around the marketability of the people. Like how educated they are in general that could make them more productive.

woodcutter (16377points)“Great Answer” (0points) Flag as…

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