Economics sources, Measurement and Sustainability of Economic Growth

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11/22/2021
Economic Growth - Sources - Measurement | CFA Level 1 - AnalystPrep
https://analystprep.com/cfa-level-1-exam/economics/economic-growth-sources-measurement/
2/6
Human Capital
This refers to the accumulated skills and knowledge that workers acquire
through training, education, and experience. It gauges the quality of the
workforce. For instance, an educated and skilled workforce produces more and
can easily adapt to new technologies that emerge over time. Consequently, this
factor is improved by investing more in education and on-the-job training.