Question : Which of the following is an example of human capital mobility?
Option 1: Geographical movement of workers from one region to another
Option 2: The exchange of knowledge and skills between individuals
Option 3: The transfer of financial resources for educational purposes
Option 4: The migration of highly skilled workers to other countries
Correct Answer: Geographical movement of workers from one region to another
Solution : The correct answer is (a) Geographical movement of workers from one region to another
Human capital mobility refers to the movement of individuals and their associated knowledge, skills, and abilities from one place to another. It involves the transfer of human capital resources, such as labor and expertise, which can contribute to economic development and productivity.
The geographical movement of workers from one region to another. This movement can occur due to various factors, including job opportunities, career advancement, higher wages, or better living conditions. When individuals move to a new region, they bring their human capital, including their education, skills, and experience, which can contribute to the labor market and economic growth of the destination region.