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Which of the following is NOT considered a main source of human capital formation?

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Question

Which of the following is NOT considered a main source of human capital formation?

Options

  • Investment in education

  • On-the-job training

  • Migration for better opportunities

  • Purchase of new machinery

MCQ
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Solution

Purchase of new machinery

Explanation:

Human capital formation focuses on investing in people, not in physical assets like machinery.​

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