Question:

Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks: \begin{center} \includegraphics[width=0.6width]{Screenshot 2025-01-21 093733} % Replace with the actual image path \end{center}

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Human Capital Formation includes investments in health, education, training, and migration to enhance productivity and economic growth.
Updated On: Jan 30, 2025
  • Expenditure on Health and Expenditure on Schools
  • Expenditure on Technology and Expenditure on Knowledge
  • Expenditure on Migration and Expenditure on Knowledge
  • Expenditure on Health and Expenditure on Migration
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The Correct Option is D

Solution and Explanation

Human Capital Formation refers to the development of skills, knowledge, and health in individuals to improve productivity. Key sources include: Expenditure on Health: Ensures a healthy workforce capable of contributing effectively to the economy. Expenditure on Migration: Helps in reallocating skilled labor to areas with better opportunities, optimizing productivity.
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