What is human capital?

In this sense, capital includes equipment, land, buildings, money, and, of course, people—human capital. In a deeper sense, however, human capital is more than simply the physical labor of the people who work for an organization. It is the entire set of intangible qualities those people bring to the organization that might help it succeed.

What is the difference between social capital and human capital?

Human capital is approximately measured by parents' education and provides the potential for a cognitive environment for the child that aids learning. Social capital within the family is different from either of these. Two examples will give a sense of what it is and how it operates.

How does social capital affect the creation of human capital?

social capital in general. But there is one effect of social capital that is especially important: its effect on the creation of human capital in the next generation. Both social capital in the family and social capital in the community play roles in the creation of human capital in the rising gener- ation. I will examine each of these in turn.