Quote from: Rruchi man on Today at 08:01:07 PM

Quote from: uche6215 on Today at 07:11:04 PM

In inclusion any nation that wants her Economy to grow and develop should invest in the area of capacity development of her citizens by way of setting up quality educational systems, vocational skills that will make her citizens to be ready and fully equipped to develop their nation when given the opportunity.

You are not wrong, but I think you mean to say, @OP Human capital development, not human capacity development.
The two can easily be taken to mean the exact same thing, but not true; there is a slight difference between the two.

I'll explain;
Human capacity development focuses on the development of yourself, maybe your skills or in any other area, for the benefit of yourself, while human capital development still involves the development of your skills, but now as a benefit to the economy of your country, not only yourself.

Thanks for this insight. I have often used both human capacity development and human capital development interchangeably without knowing they mean two different things. Considering the differences now, I think both are still very neccessary for a country's economic growth. If an individual develops himself to be useful to himself, it is also a plus to the country.

In addition to what OP have said, Human Capital development affects the minds the people positively which helps the people contribute to the economic growth of the country. When there are good schools available, employment opportunities, trainings and other opportunities for human development, the minds of the people will be preoccupied with how to be productive to themselves and to the government. But when none of these are put in place for the people, we see these people stealing, vandalising and engaging in activities that may crumble the economy.