Factors Determining Different Forms of Capital

  • Shiv Kumar Assistant Professor, Department of Economics, A.S. College, Khanna (Punjab), India
Keywords: family, education, human capital, social capital, technology


Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value. Many theories, explicitly connecting investments in education, and the role of human capital in economic development, productivity, growth, and innovations, have frequently been cited as a justification for government subsidies for education and job skills training. The main objective of this paper is to summarize various factors which influence the creation of human capital. There are so many factors (educational, intellectual, environmental, advancement in technology, population, social, physical, science) which influence the human capital, which play significant role in the human capital creation.

How to Cite
Kumar, S. (2017). Factors Determining Different Forms of Capital. Shanlax International Journal of Economics, 5(4), 125-129. Retrieved from https://www.shanlaxjournals.in/journals/index.php/economics/article/view/736