Practicing Success
Which of the following cannot be considered as a source for transforming human capital? |
Migration expenditure in search of better employment opportunities Expenditure for on the job training to increase productivity Expenditure incurred on building machines and factories All of the above |
Expenditure incurred on building machines and factories |
Expenditure on building factories and machines leads to formation of physical capital and not human capital. Human capital can be formed through expenditure on education, health , migration, etc. |