Question

Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks. 
 

• A. Expenditure on Health and Expenditure on Schools
• B. Expenditure on Technology and Expenditure on Knowledge
• C. Expenditure on Migration and Expenditure on Knowledge
• D. Expenditure on Health and Expenditure on Migration

Hint:

Investments in health, education, and migration play a vital role in developing human capital and boosting economic growth.

Answer 1

The Correct Option is D

Human Capital Formation refers to the development of skills, knowledge, and health to increase productivity. Key sources include: 
Expenditure on Health: Ensures a healthy workforce capable of higher productivity. 
Expenditure on Migration: Allows skilled labor to move to regions with better opportunities, enhancing productivity.