Human development encompasses a broader scope than human capital. While both concepts focus on the improvement and advancement of individuals, there are key differences that set them apart.

- Human development looks at the overall well-being and growth of individuals in various aspects of life, including education, healthcare, and quality of life.
- It takes into account not only economic factors but also social, cultural, and environmental factors that contribute to a person's development.
- Human development focuses on empowering individuals to reach their full potential and lead fulfilling lives.
- It emphasizes the importance of equality, sustainability, and social justice in creating a better future for all.

- Human capital, on the other hand, mainly refers to the skills, knowledge, and abilities that individuals possess and can contribute to economic productivity.
- It views individuals as assets or resources that can be invested in and developed to enhance economic growth and competitiveness.
- Human capital is often measured in terms of education, training, experience, and other factors that can increase an individual's productivity and value in the labor market.
- While human capital is important for economic success, it does not fully capture the complexity and richness of human development.
In conclusion, human development is a broader term that encompasses not only the economic aspects of human capital but also the social, cultural, and environmental factors that contribute to an individual's overall well-being and growth. It focuses on empowering individuals to reach their full potential and create a better future for themselves and society as a whole.