Human Capital Formation in India NCERT Solutions for Class 11 Indian Economic Development
Human Capital Formation in India NCERT Solutions for Class 11 Indian Economic Development NCERT TEXTUAL QUESTIONS WITH ANSWERS Question 1.What are the two major sources of human capital in a country? Answer. Two main sources of human capital are investment in education and health. Question 2. What are the indicators of educational achievement in a country? Answer. Educational attainment is measured by primary education, youth literacy and adult literacy. Question 3.Why do we observe regional differences in educational attainment in India? Answer. Regional differences in educational attainment in India is due to : inequality of income expenditure by the government in education facilities. Question 4.Bring out the differences between human capital and human development. Answer. Difference between Human Capital and Human Development Human Capital 1. Human capital considers education and health as a means to increase labour productivity. 2. Human capital is a narrow concept whic...