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human capital

noun

: the skills, knowledge, and qualifications of a person, group, or workforce considered as economic assets
Nothing is more important to a company, nation, or individual than intelligence. It is the fundamental key to problem-solving and wealth creation, and underpins the human capital that drives every company and nation forward. Peter H. Diamandis
In fact, the evidence suggests that public investments in human capital, including higher education, yield long-term economic rates of return that far exceed most standard investments in technology or capital. Edward L. Glaeser
All of this coincided with the emergence in academe of the idea of "human capital": the notion that the more skilled the work force, the more productive it tends to be. Denis P. Doyle et al.

Word History

First Known Use

1799, in the meaning defined above

Time Traveler
The first known use of human capital was in 1799

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