How becker differentiate human capital from tangible forms

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Reference no: EM133619912

Problem: 'To most people, capital means a bank account, a hundred shares of IBM stock, assembly lines, or steel plants in the Chicago area. These are all forms of capital in the sense that they are assets that yield income and other useful outputs over long periods of time. But such tangible forms of capital are not the only type of capital'. Gary S Becker. How does Becker differentiate human capital from tangible forms of capital? Discuss three ways Human Capital Theory impacted management thinking about training and developing workers.

Reference no: EM133619912

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