Human Capital Poverty And Poverty

789 Words4 Pages
Human capital, poverty, and productivity are the main issue in the article that the author is trying to examine for the readers by bringing out the social problem that we are facing nowadays. We have all felt a shortage of money, cash and wealth at all times and this is vary according to individual experience. However, there is the minority in our world are a millionaire, a billionaire who enjoy humongous wealth. So, how does this happen? This essay will examine the symptom and illness of being poor into three parts where the introduction lays down the general outline, followed by the author discussion and opinion with a conclusion.
First of all, in the article, the author discussed the symptom of being poor and illness of being poor by elaborate it in the relationship of human capital and poverty. It also examined the importance of productivity. In this article, the author is trying to show us the ways how to seek who is poor, the reason why they are poor and what can be done to prevent to become poor by showing the difference of regular people with Bill Gates as the illustration. The author stated that any discussion regarding the matter above will need to elaborate using the concept of economists refer to as human capital. According to (Mankiw N.G. et al, 2013), human capital is the sum total of skills embodied within an individual: education, intelligence, charisma, creativity, work experience, and entrepreneurial vigor. While poverty is the state or condition of having
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