Information as Human Capital Source
People spend to acquire information relating to:
- Only entertainment markets
- Labour market and other markets like education and health — Correct Answer
- Stock market only
- Real estate market only
Explanation:
Correct Answer Explanation
People spend to acquire information relating to the labour market and other markets like education and health.
Key Points:
- Information about salary levels, employable skills, costs.
- Necessary for decisions regarding investments in human capital.
- Also for efficient utilisation of acquired human capital stock.
📚 About this Topic — CH-4: HUMAN CAPITAL FORMATION IN INDIA
This multiple choice question is from CH-4: HUMAN CAPITAL FORMATION IN INDIA, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-4: HUMAN CAPITAL FORMATION IN INDIA to strengthen your preparation.
