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Human capital.

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Research Starters
  • Author(s): Flair, Isaiah
  • Source:
    Salem Press Encyclopedia, 2026. 2p.
  • Subject Terms:
  • Additional Information
    • Abstract:
      Human capital is the sum of every attribute that adds economic value to what an individual can produce. This includes a person’s creativity, useful knowledge in specific areas, work skills in a particular field, social skills, personality, and work ethic. All of these combine to determine the quality and quantity of what a person can produce in terms of economic work, and by extension what he or she will contribute to the overall economy in which the individual participates. Because societies are driven by an interest in material value, the role of human capital in securing that value has become a key focus in countries around the world.