ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not the sources of human capital formation of a country?
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Expenditure on Defence
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Expenditure on Health
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Expenditure on Education
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Expenditure on Training
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Explanation:
Detailed explanation-1: -Land is not amongst the components of Human Capital.
Detailed explanation-2: -Sources of Human Capital Formation. Education investment is recognised as one of the main sources of human capital along with other sources like health, migration, on-job training, and information.
Detailed explanation-3: -Expert-Verified Answer. The expenditure on infrastructure is not a source of human capital formation. Human capital formation is the process of adding values to the human capital resource.
Detailed explanation-4: -Answer : (d) Information is not considered a source of human capital formation.
There is 1 question to complete.