Advertisements
Advertisements
Question
______ is a process of adding to the stock of human capital.
Options
Physical capital
Human capital
Human capital formation
Capital formation
Solution
Human capital formation is a process of adding to the stock of human capital.
Explanation:
Human capital formation refers to the process of enhancing individuals' skills, education, and capabilities, thereby increasing their stock of human capital. This investment in people leads to a more productive and efficient workforce.
APPEARS IN
RELATED QUESTIONS
Write short notes Types of capital.
Distinguish between fixed capital and floating capital.
What is capital?
______ is a passive factor of production.
Analyse the images below and identify the factors of production and explain any one characteristic of the same.
______ is a produced means of production.
Identify the form of capital given below. Give a reason for your answer.
Steel
Explain two factors on which the capital formation of a country depends.
Give an example of floating capital.
Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.
