Human Resources to Human Capital
A country turns human resources into human capital through:
- Only natural growth
- Investment in education, health and training — Correct Answer
- Importing skilled workers
- Government decree
Explanation:
Correct Answer Explanation
Through investment in education, health and training — just as land is turned into factories.
Key Points:
- Human resources like nurses, farmers, students are turned into engineers and doctors.
- Need good human capital to produce other 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.
