第三部分，智力资本的积累。

Third, the accumulation of intellectual capital.

youdao

违背比较优势的技术选择，将会降低产出水平，影响人力资本的积累。

However, economies that adopt comparative-advantage following strategy will low its output, and temper accumulation in human capital.

youdao

资本的积累简单地说就是指有价值的东西的积累，财富的增加或创造。

The accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth.

youdao

It is at its worst after retirement ... when you are no longer-- you've exhausted your human capital and you're living off of all the accumulated physical capital.

退休后，到达顶峰,当你不再-,你用尽了你的人力资本,只能以之前积累下来的,有形资本为生。

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