Indian Economic Development: Human Capital Formation in India · Class 12 · CBSE · Commerce Economics
A state government builds more schools but does not improve nutrition, sanitation or access to healthcare. Which outcome is most likely in the long r…
Practice question from Indian Economic Development: Human Capital Formation in India (Class 12 · CBSE · Commerce Economics), with the correct answer and a step-by-step solution.
hard · MCQ · Q-AB7F92
A state government builds more schools but does not improve nutrition, sanitation or access to healthcare. Which outcome is most likely in the long run?
- A.Human capital formation may remain limited because poor health can reduce attendance, learning and work productivity.Correct answer
- B.Human capital formation will automatically become complete because the number of schools has increased.
- C.Healthcare has no relation to the quality of human capital.
- D.Education expenditure will directly increase the physical stock of machines.
Solution
Health is an important component of human capital. Poor nutrition and inadequate healthcare can reduce school participation, learning outcomes and productivity, so merely increasing the number of schools may not ensure effective human capital formation.
More from Indian Economic Development: Human Capital Formation in India
- Which statement best explains why expenditure on education is considered an investment in human capital?
- Which of the following is not a source of human capital formation?
- Explain how education and healthcare contribute to human capital formation in India.
- Which situation best illustrates human capital formation through on-the-job training?
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