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Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

H

Households
Individuals and family units that buy goods and services (as consumers) and sell or rent productive resources (as resource owners).
Housing
Accommodation in houses, apartments, etc.
Human Capital
Intangible assets possessed by individuals, including knowledge, talent, skills, health, and values. (Also known as human resources)
Human Capital Investment
Investment of time, effort, and resources in education and training--to increase one’s own knowledge, skills, health, etc., or to develop those assets in others. Examples include staying in school or returning to school to learn new skills.
Human Resources
Intangible assets possessed by individuals, including knowledge, talent, skills, health, and values. (Also known as human capital)