| Chapter | Human Capital Formation |
| Class | Class 12 |
| Subject | Economics (Indian Economic Development) |
| Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Question – “Higher productivity and production is the result of investment in human resources.” Do you agree with this statement?
Answer –
Human capital formation raises the production and productivity in the economy. As educated and skilled workforce would use the resources more efficiently and effectively. Productivity and quality of production depends on the technical skills and knowledge of the workforce. This can be acquired and enhanced only by educating, training I’m maintaining health of the people.
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