Question : Assertion: Investment in human capital improves individual earning potential.
Reason: Highly educated and skilled individuals are more likely to secure higher-paying jobs.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion states that investment in human capital improves individual earning potential. Human capital refers to the knowledge, skills, and abilities possessed by individuals. The reason provided is that highly educated and skilled individuals are more likely to secure higher-paying jobs. This is true because individuals with higher levels of education and specialized skills often have a competitive advantage in the job market. They possess the qualifications and expertise that are in demand by employers, which can lead to higher-paying job opportunities. Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
