Question : Human capital formation is a _______ process.
Option 1: Social
Option 2: Political
Option 3: Irregular
Option 4: None of them
Correct Answer: Social
Solution : The human capital process is a social process. It is the process of gradually increasing the stock of human capital. Creating a skilled, trained, and efficient labor force can help to grow human capital, as can improving access to healthcare and education. Hence option a is the correct answer.
Question : Statement 1: Human capital formation is an expensive process that does not yield significant returns.
Statement 2: Human capital formation is a worthwhile investment that yields long-term economic and social benefits.
Question : Which of the following statement are true: Statement 1: Positive outlook is brought about by human capital formation. Statement 2: Human capital formation ensures a higher participation rate.
Question : Which type of capital is completely mobile between countries?
Question : Statement 1: Human capital formation is a one-time process that occurs during early childhood.
Statement 2: Human capital formation is a lifelong process that continues throughout an individual's life.
Question : The "cost of healthcare" is an example of:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile