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.
Show Hint
- 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 to increase productivity. Key sources include:
Expenditure on Health: Ensures a healthy workforce capable of higher productivity.
Expenditure on Migration: Allows skilled labor to move to regions with better opportunities, enhancing productivity.
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