Indian Economic Development: Human Capital Formation in India
Question:
Which of the following is true? a) Human capital considers education and health as a means to increase labour productivity. b) Human development is based on the idea that education and health are integral to human well-being because only when people have the ability to read and write and the ability to lead a long and healthy life, they will be able to make other choices which they value.
Options:
Both a and b are true
a is true, b is not
b is true, a is not
both a and b are false
Correct Answer:
Both a and b are true
Explanation:
Both the statements mentioned above stands to be true.
