Answer:
(i) Human capital is in one way superior to
other resources like land and physical capital; human resource can make use of
land and capital.
(ii)
Land and capital cannot become useful on its own.
(iii)
For many decades in India, a large population has been considered a liability
rather than an asset. But a large population need not be a liability.
(iv)
It can be turned into a productive asset by investment in human capital i.e. by
spending resources on education and health for all, training of industrial and
agricultural workers in the use of modern technology, useful scientific
researches and so on.
You need to login to perform this action.
You will be redirected in
3 sec
