Psychic Costs of Migration
Migration involves psychic costs which means:
- Financial costs only
- Costs of living in a strange socio-cultural setup — Correct Answer
- Transport costs only
- Medical costs
Explanation:
Correct Answer Explanation
Psychic costs refer to the costs of living in a strange socio-cultural setup.
Key Points:
- Other migration costs include transport and higher cost of living.
- Enhanced earnings outweigh these costs, making migration a source of human capital.
📚 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.
