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The ongoing evolution of human capital

Hiba Huneini- The value of human input in growth and development has been recognized since the invention of modern economics.
Ever since the Industrial Revolution and the discovery of the division of labor, skills of individual workers have been
incorporated as an important element of productivity like capital, machines and land. In other words, the discussion
around human capital and its role in productivity has received a lot of attention from governments, businesses and social
scientists.
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