Indian Economic Development Class 12 Sandeep Garg Solutions Human Capital Formation
| Subject | Indian Economic Development |
| Class | Class 12 |
| Textbook | Sandeep Garg |
| Chapter | Human Capital Formation |
| Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Short Questions
- Briefly discuss the meaning of human capital
- How does expenditure on information act as a source of human capital formation
- “Human Capital Formation gives birth to innovation, invention and technological improvements. Do you agree with the given statement? Support your answer with valid arguments.
- Discuss the concept of physical capital
- “Higher productivity and production is the result of investment in human resources.” Do you agree with this statement?
- How does education contribute to economic growth
- What is meant by human capital formation? State its various sources.
- Why government expenditure on tertiary education is important
- How does human capital create both private and social benefits
- How does expenditure on migration act as a source of human capital formation
- Explain how does investment in human capital contribute to growth of an economy
- Discuss the need for on-the-job training for a employees
Long Questions – Indian Economic Development Class 12 Sandeep Garg Solutions Human Capital Formation
- Distinguish between physical capital and human capital
- How does the following act as a source of human capital formation: (i) Expenditure on Health (ii) Expenditure on Education
- Discuss the educational achievements in India.
- Briefly discuss the various problems of human capital formation
- How does expenditure on “On-the-Job-Training” and “Information” act as a source of human capital formation?
- Why it is difficult to prove cause and effect relation between human capital and economic growth
- Distinguish between human capital and human development