The problem of interpreting the concept "human capital"
The article poses the problem of misunderstanding the essence of human capital, the existing terminological confusion in interpretations presented in scientific and educational literature. A critical analysis of the basic definitions of human capital is given, which were conventionally classified according to three characteristics: narrow, broad and extended concepts. The author's definition of human capital is proposed, taking into account not only the personal characteristics of the individual, but also investments in citizens at the level of the national economy. The author's vision of the essence and importance of the formation of human capital as the national wealth of the country is presented. Historical facts allowed to trace the direct relationship between the level of human capital development and the economic growth of the country. The theoretical significance of the work is to clarify the conceptual apparatus, presented in scientific and educational literature regarding the concept of "human capital". Practical significance is proved by the possibility of a competent understanding of the essence of the formation of human capital in order to grow the national economy and the quality of life of citizens.