Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
Why is human capital equivalent to physical capital?
Options:
They are factors of production
Raise the nation’s ability to produce goods and services
Both
None
Correct Answer:
Both
Explanation:
The human capital is the brain behind the technicalities and processes of physical capital. Both are needed for a society or a nation to grow.