Question:
How is human development a broader term as compared to human capital?
Answer:
- Human capital is a narrow concept which treats human beings as a means to achieve an end which is higher productivity, failing which the investment is not considered to be productive.
- Human development is a broader concept which considers human beings as ends in themselves. Human welfare can be achieved through investments in education and health. It considers welfare—a right of every individual irrespective of their contribution to labour productivity. Every individual has right to be literate and lead a healthy life.
Human Capital Formation in India
Q 1.
How does investment in human capital contribute to growth?
Q 2.
How is human development a broader term as compared to human capital?
Q 3.
What are the main problems of human capital formation in India?
Q 4.
What are the indicators of educational achievement in a country?
Q 5.
Bring out the differences between human capital and human development.
Q 6.
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.
Q 7.
Bring out the need forjm-the-j ob-training for a person.
Q 8.
Discuss the need for promoting women’s education in India.
Q 9.
How is human development a broader term as compared to human capital?
Q 10.
Explain how investment in education stimulates economic growth. (or)
Explain the role of education in the development of a country.
Q 11.
What factors contribute to human capital formation?
Q 12.
Why do we observe regional differences in educational attainment in India?
Q 13.
Argue in favour of the need for different forms of government intervention in education and health sectors.
Q 14.
In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?
Q 15.
‘There is a downward trend in inequality world-wide with a rise in the average education levels.Comment.
Q 16.
Mention two government organisations each that regulate the health and education sectors.
Q 17.
Bring out the differences between human capital and human development.
Q 18.
Education is considered an important input for the development of a nation. How?
or
Examine the role of education in the economic development of a nation.
Q 19.
What are the two major sources of human capital in a country?
Q 20.
Discuss the following'as a sources of human capital formation
(a) Health infrastructure
(b) Expenditure on migration.
Q 21.
Trace the relationship between human capital and economic growth.
