Question:
How does investment in human capital contribute to growth?
Answer:
Role of Human Capital Formation in Economic Growth:
- Raises Production .
- Raises Efficiency and Productivity
- Brings Positive Changes in Outlook and Attitudes
- Improves Quality of Life
- Raises Life Expectancy
- Raises Social Justice.
Human Capital Formation in India
Q 1.
Bring out the differences between human capital and human development.
Q 2.
How does investment in human capital contribute to growth?
Q 3.
Bring out the need forjm-the-j ob-training for a person.
Q 4.
What are the indicators of educational achievement in a country?
Q 5.
What are the main problems of human capital formation in India?
Q 6.
How is human development a broader term as compared to human capital?
Q 7.
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.
Q 8.
Explain how investment in education stimulates economic growth. (or)
Explain the role of education in the development of a country.
Q 9.
Discuss the need for promoting women’s education in India.
Q 10.
How is human development a broader term as compared to human capital?
Q 11.
In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?
Q 12.
Argue in favour of the need for different forms of government intervention in education and health sectors.
Q 13.
What factors contribute to human capital formation?
Q 14.
Mention two government organisations each that regulate the health and education sectors.
Q 15.
Bring out the differences between human capital and human development.
Q 16.
What are the two major sources of human capital in a country?
Q 17.
‘There is a downward trend in inequality world-wide with a rise in the average education levels.Comment.
Q 18.
Why do we observe regional differences in educational attainment in India?
Q 19.
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 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.
