Bring out the differences between human capital and human development.

Human Capital 

Human Development 

(i) Human capital treats education and health as a means to increase capital. 

(i) Human development is considered integral to human well being.

(ii) Human capital treats humans as a means to end.

(ii) Human development treats humans as an end to themselves.

(iii) It states education and health as a means to increase labor productivity.

(iii) It states that education and health are integral to human well-being because only when people have the ability to read and write, they have the ability to lead a healthy life.