मराठी

State whether the following statement is true/false, with valid argument: Human Capital and Human Development are one and the same thing.

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प्रश्न

State whether the following statement is true/false, with valid argument:

Human Capital and Human Development are one and the same thing.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर
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उत्तर

The given statement is False.

Explanation:

These two may sound similar but are not exactly the same. Whereas human capital considers education and health as a means to increase labour productivity, human development is based on the idea that education and health are integral to human well-being.

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2022-2023 (March) Sample

संबंधित प्रश्‍न

Bring out the differences between human capital and human development.


How is human development a broader term as compared to human capital?


Human capital treats humans as ends in themselves.


Which of the following is not a merit of human capital formation?


Read the following case study carefully and answer the question that follows.

Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.

Human Capital Formation came into existence in ______.


Read the following case study carefully and answer the question that follows.

Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.

Economists say that the main key player of economic development is ______.


Which of the following points indicate the difference between human capital and human development?


How is human development a broader term as compared to human capital? 


Assertion (A): Human capital is not traded in the market; however its services are traded.

Reason (R): Human capital is intangible in nature.


"Active Government intervention is essential in education and health sectors in India."
Do you agree with the given statement? Give reasons in support of your answer.


According to the concept of human capital, investment in education and health primarily raises the:


In the human development approach, education and health are treated as:


In the human development perspective, education and health are regarded as:


The focus of the human capital approach is on:


The focus of the human development approach is on:


If a construction worker, maid-servant, dhobi, or school peon is absent for a long time due to ill health, what may happen to their job?


Which group of workers faces the greatest risk that their income may stop completely during ill health, because they are paid only for the days they work?


What conclusion can be drawn about the relationship between health and employment?


Good health supports:


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