Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks:
Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks:
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- Expenditure on Health and Expenditure on Schools
- Expenditure on Technology and Expenditure on Knowledge
- Expenditure on Migration and Expenditure on Knowledge
- Expenditure on Health and Expenditure on Migration
The Correct Option is D
Solution and Explanation
Human Capital Formation refers to the development of skills, knowledge, and health in individuals to improve productivity. Key sources include: Expenditure on Health: Ensures a healthy workforce capable of contributing effectively to the economy.
Expenditure on Migration: Helps in reallocating skilled labor to areas with better opportunities, optimizing productivity.
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