ECONOMICS
HUMAN CAPITAL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Good Food
|
|
|
Sound Health
|
|
|
Wide Travelling
|
|
|
Technical Education
|
Detailed explanation-1: -People become resource by using their skills, knowledge, productivity and abilities. When human resources is further developed by becoming more educated and healthy, we call it human capital formation.
Detailed explanation-2: -Education and health help in making people a valuable resource. Improving the quality of peoples skills so that they are able to create more resources is known as human resource development.
Detailed explanation-3: -People become resources when the knowledge they acquire is contributed towards the growth of the organization. Skill development is one of the most important steps that help to make the person employable.
Detailed explanation-4: -Answer: People as a resource means people are an asset rather than a liability, i.e., the work population of a country.