What are the differences between human capital and human development? OR Bring out the differences between human capital and human development.

**Answer:**

| S. No. | Basis | Human Capital | Human Development | |--------|-------|--------------|-------------------| | 1. | **Concept** | Narrow concept | Broader concept | | 2. | **Means of productivity** | Considers education and health as means to increase labour productivity | Considers education and health integral to human well-being | | 3. | **Link** | Treats human beings as a means to an end (increase in productivity) | Human beings are an end in themselves |