Respuesta :
Human capital refers to the knowledge, skill sets and motivation that people have, which provide economic value. Human capital realizes that not everyone has the same skill sets or knowledge and that quality of work can be improved by investing in people's education.
Economic growth is an increase in an economy's ability, compared to past periods, to produce goods and services. It can be measured by measuring the percentage in the real gross domestic product (GDP) of a country. For example, suppose a country increased its real GDP at an annual rate of 2.5%. This country is experiencing economic growth and has an increase in the value of all goods and services.
Human capital relates to people's knowledge, skill sets, etc, Economic growth refers to an increase in the production of goods and services.
What are Human Resouces/capital?
Human capital relates to people's knowledge, skill sets, and drive, all of which have a monetary value. Human capital recognizes that not everyone has the same skill sets or knowledge and that investing in people's education can increase the quality of their job.
Economic growth refers to an increase in an ability to generate/ produce goods and services or products as compared to previous periods. It can be calculated as a percentage of a country's real gross domestic product (GDP).
For Example country's real GDP rising by 2% each year i.e., it is experiencing economic growth, with the value of all goods and services increasing.
Therefore the above explanation aptly describes the statement.
Learn more about the relationship between human capital and level of development here:
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