Commerce Aspirant

Question How does Expenditure on Migration act as a source of human capital formation? Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – How does “Expenditure on Migration” act as a source of human capital formation? Answer – People migrate from … Read more

Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – How does human capital create both private and social benefits? Answer – The two main sources of human capital formation are investment in education investment in health. By investing in both we … Read more

Question Why government expenditure on tertiary education is important? Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – Why government expenditure on tertiary education is important? Answer – Government is not spending adequate amount on tertiary sector education.However, ‘expenditure per student’ … Read more

Question What is meant by human capital formation? State its various sources. Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – What is meant by human capital formation? State its various sources. Answer – Human capital formation is a process of … Read more

Question How does education contribute to economic growth? Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – How does education contribute to economic growth? Answer – Investment in education is considered the main source of human capital formation. Education is the … Read more

Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – “Higher productivity and production is the result of investment in human resources.” Do you agree with this statement? Answer – Human capital formation raises the production and productivity in the economy. As … Read more

Question Discuss the concept of physical capital. Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – Discuss the concept of physical capital. Answer – Physical capital refers to man-made means of production or all those inputs which are required for the … Read more

Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – “Human Capital Formation gives birth to innovation, invention and technological improvements. Do you agree with the given statement? Support your answer with valid arguments. Answer – Human capital formation helps in innovation … Read more

Question How does expenditure on information act as a source of human capital formation? Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – How does expenditure on information act as a source of human capital formation? Answer – People spend to … Read more

Question Briefly discuss the meaning of human capital. Chapter Human Capital Formation Class  Class 12 Subject Economics (Indian Economic Development) Category Indian Economic Development Class 12 Sandeep Garg Solutions Question – Briefly discuss the meaning of human capital. Answer – Human Capital refers to the stock of skill, ability, expertise , education and knowledge embodied … Read more