Question : Which of the following is an example of human capital mobility?
Option 1: The exchange of knowledge and skills between individuals
Option 2: The geographical movement of workers from one region to another
Option 3: The transfer of financial resources for educational purposes
Option 4: The migration of highly skilled workers to other countries
Correct Answer: The geographical movement of workers from one region to another
Solution : The correct answer is (b) The geographical movement of workers from one region to another.
Human capital mobility refers to the movement of individuals, particularly workers, from one location to another in search of better employment opportunities or to utilize their skills and knowledge. This movement can involve individuals relocating to different regions or countries where their skills are in demand, contributing to the transfer of human capital and economic growth in those areas.