Question : Which of the following is an example of public investment in human capital?
Option 1: Corporate training programs
Option 2: Scholarships provided by private institutions
Option 3: Government funding for educational institutions
Option 4: Employer-sponsored healthcare plans
Correct Answer: Government funding for educational institutions
Solution : The correct answer is (c) Government funding for educational institutions.
Public investment in human capital refers to the allocation of resources by the government towards education and skill development of individuals in a society. It involves the provision of financial support and resources to educational institutions such as schools, colleges, universities, and vocational training centers. Government funding helps to improve the quality of education, expand access to educational opportunities, and enhance the overall human capital of the population.
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