INVESTMENT IN THE HUMAN CAPITAL
1. Volgograd State Technical University Lenina st., 28, Volograd,Russia 117198.
2. Volgograd State Technical University Lenina st., 28, Volograd,Russia 117198.
Investment in the human capital for the municipal development is the essential element in creating the effective management model. Management researchers have been working t this question for 70 years. The result of the theory of developing human capital has become famous all over the world. The key mechanism which should be used is the investment policy. This theory is practiced in different spheres; its substantial ideas have been realized by the government. For achieving great results as improving the standards of living, intelligent potential, lifetime the board should observe the basic mechanism to develop management system.
Keywords: investment, human capital, theory of human capital, performance potential, education, medicine, standards of living, income, intelligent potential.