Question : Which of the following is NOT a component of human capital?
Option 1: Education
Option 2: Health
Option 3: Social status
Option 4: Skills
Correct Answer: Social status
Solution : The correct answer is (c) Social status.
While education (option a), health (option b), and skills (option d) are all recognized as key components of human capital, social status is not typically considered a direct component of human capital.
On the other hand, social status relates to an individual's position or standing within a social hierarchy. It encompasses factors such as social recognition, prestige, and reputation. While social status can influence opportunities and outcomes in certain contexts, it is generally not considered a direct component of human capital, which focuses more on the individual's knowledge, skills, and abilities.
Related Questions
Trending Articles/News
