ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following represents an investment in human capital?
A
creating a robot
B
paving roads
C
purchasing new Chromebooks
D
learning to read and write
Explanation: 

Detailed explanation-1: -Investing in people through nutrition, health care, quality education, jobs and skills helps develop human capital, and this is key to ending extreme poverty and creating more inclusive societies.

Detailed explanation-2: -Which type of investment is known as human capital investment? Answer: The investment made in the form of education, training and medical care is known as human capital investment.

Detailed explanation-3: -Investments in education are recognized by the scientific community as the most common and studied among all types of investing in people.

Detailed explanation-4: -Ans. Investment in human capital can be made through education, training, medical care etc.

There is 1 question to complete.