Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
In this view, any investment in education and health is unproductive if it does not enhance output of goods and services. Which view is being talked about?
Options:
Human development
Human capital
Human progress
None of above
Correct Answer:
Human capital
Explanation:
Human capital treats human beings as a means to an end; the end being the increase in productivity. In this view, any investment in education and health is unproductive if it does not enhance the output of goods and services.