Question : Assertion: Investment in human capital positively impacts social well-being.
Reason: Well-educated and skilled individuals are more likely to engage in community development activities and foster social progress.
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 positively impacts social well-being. Human capital refers to the knowledge, skills, and abilities possessed by individuals. The reason provided is that well-educated and skilled individuals are more likely to engage in community development activities and foster social progress. This is true because individuals with higher levels of education and skills are equipped with the knowledge and abilities to contribute to the betterment of society. They can actively participate in decision-making processes, promote social cohesion, and contribute to community development initiatives. By investing in human capital, societies can develop a skilled and educated workforce that can positively impact social well-being.
Therefore, both the assertion and the reason are true, and the reason is the correct explanation of the assertion.
Question : Assertion: Technological advancements reduce the demand for unskilled labor.
Reason: Technological progress increases the demand for skilled labor.
Question : Assertion: Human capital is a driver of innovation and technological progress.
Reason: Highly skilled individuals are more likely to contribute to scientific and technological advancements.
Question : Assertion: Human capital fosters economic resilience and adaptability.
Reason: Skilled individuals can easily transition to new industries and occupations.
Question : Assertion: Human capital is a determinant of economic competitiveness.
Reason: Highly skilled individuals contribute to the growth and productivity of industries.
Question : Assertion: Investment in human capital improves individual earning potential.
Reason: Highly educated and skilled individuals are more likely to secure higher-paying jobs.
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