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प्रश्न
Discuss the following as a source of human capital formation
Health infrastructure
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उत्तर
Health infrastructure
There is a saying “The greatest wealth is health”. The wealth of a country can be increased with the efforts of healthy workforce. Investment in health sector increases efficiency, efficacy and productivity of a nation’s workforce. In contrast to an unhealthy person, a healthy person can work better with more efficiency and, consequently, can contribute relatively more to the GDP of the country. Good health and medical facilities not only extends life expectancy but also improves quality and standard of life. Investing in health sector ensures the perennial supply of healthy workforce. Some of the common expenditures incurred in the health sector are on providing better medical facilities, easy availability of life savings drugs, common vaccination, spread of medical knowledge, provision of proper sanitation and clean drinking water, etc. Thus, the expenditure incurred on health is important in building and maintaining a productive work force.
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संबंधित प्रश्न
What are the two major sources of human capital in a country?
Discuss the following as a source of human capital formation
Expenditure on migration.
Explain how investment in education stimulates economic growth.
Trace the relationship between human capital and economic growth.
______ five-year plan recognized the importance of human capital.
Which one of the following is a major source of human capital formation in the country?
Physical capital is inseparable from its owner.
Ms. Ramanpreet has started a new business venture, she intends to spend a huge amount towards ‘on-the-job training’ of her workers before putting them to work. It exhibits the right step in the direction of Human Capital Formation.
Spot which of the following does not directly contribute to the process of human capital formation by Ms. Ramanpreet -
The newly emerging jobs are found mostly in the ______ sector.
Which of the following points indicates that economic growth and infrastructure development are related to each other?
Read the following statements carefully.
Statement 1: On-the-job trainings help to bridge a gap between theoretical concepts and practical experiences.
Statement 2: On-the-job trainings update the employees, with the latest changes in their work field.
In the light of the given statements, choose the correct alternative:
“Ravya was initially working as an office clerk in a firm. In the pursuit to attain, a higher position and income, she attended a few on-the-job training sessions. These sessions contributed positively to her skills and expertise.”
Explain the impact of Ravya’s decision on human capital formation.
State with valid reason whether the following statement is true or false:
“Higher productivity and production are the outcome of investment in human resources.”
Investment in children's education is analogous to which activity of a firm?
People migrate from one place to another in search of better employment opportunities and higher salaries despite incurring which set of costs?
What justifies the investment that people make when they migrate for employment?
Spending on information about which markets enables people to make better investment decisions in human capital?
How does the separability of human capital from its owner compare with that of physical capital?
With what does human capital depreciate?
How can the depreciation of human capital be slowed down?
