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Q.

Choose the given statement is true/false:

Population of a nation is a human capital.

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a

True

b

False

answer is A.

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Detailed Solution

The above statement is true.
When people serve as the resources, the population becomes human capital. This can be accomplished by teaching an increasing number of people and allowing everyone to learn a valuable skill that will support all forms of manufacturing. The development of the nation's economy depends on the presence of intelligent, skilled people from all walks of life. So it is important to encourage skill management and education across all backgrounds. A nation's current skill, aptitude, expertise, education, and information pool is referred to as its "human capital."

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