Human capital provides social benefits as well. Which of the following statements show this?

An educated person can effectively take part in a democratic process and contribute to the socio-economic progress of a nation. The owner of a bus need not be present in the place where it is used whereas a bus-driver should be present when the bus is used for transportation. A healthy person, by maintaining personal hygiene and sanitation, stops the spread of contagious diseases and epidemics. Both 1 and 3

Both 1 and 3

Human capital benefits not only the owner but also the society in general. This is called external benefit. An educated person can effectively take part in a democratic process and contribute to the socio-economic progress of a nation. A healthy person, by maintaining personal hygiene and sanitation, stops the spread of contagious diseases and epidemics. Human capital creates both private and social benefits.