Producing Human Capital
To produce more human capital, we need:
- Only physical capital
- Good human capital in the first place — competent professors and professionals — Correct Answer
- Only financial investment
- Only government permission
Explanation:
Correct Answer Explanation
We need good human capital (competent professors and professionals) to produce other human capital.
Key Points:
- Societies need sufficient human capital as educators and trainers.
- We need to invest in human capital to produce more human capital from human resources.
📚 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.
