Human Capital Treats Humans As
The human capital approach treats human beings as:
- Ends in themselves
- Means to an end — Correct Answer
- Liabilities
- Only consumers
Explanation:
Correct Answer Explanation
Human capital treats human beings as a means to an end — the end being increase in productivity.
Key Points:
- Any investment in education/health is unproductive if it doesn't enhance output.
- Contrasted with human development approach where humans are ends in themselves.
📚 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.
