Choose if the given statement is True/False.

The population of a country is made up of human resources, which are created by human capital through investments.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
The population of a country is made up of human resources, which are created by human capital through investments. These investments include education, skill training, and healthcare, all of which aid in the building of human capital. Literacy levels in an economy reflect schooling. The literacy rate is the number of people who can read and write on average. At the same time, higher life expectancy statistics suggest that human resources are in good health. The average number of years a person is projected to live is referred to as the life expectancy rate.

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