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Q.

Investment in human resources can give


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a

High rates of return in future.

b

Low rates of return in future.

c

No rates of return in future.

d

None of the above. 

answer is A.

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Detailed Solution

Investment in human resources can give high rates of return in future.
Human Resources is made of human capital by investing heavily in the education and healthcare sectors which have a high rate of return in future. Countries invest in health and education sectors as health and education are the two significant components of development that increase the productivity and efficiency of the workforce in different economic sectors. The main objective is to improvise the health infrastructure with recent technological inputs so that human beings can be easily cured of diseases and lead a long life serving and working for the growth and development of their country. Education gives them the knowledge and ability to apply existing technology and foster innovation to accelerate their country’s growth. Then this human capital extracts and exploits the natural resources to make finished products that satisfy the needs and wants of the living population.
 
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Investment in human resources can give