Investment in humans as a resource can be made through which of the following ways?

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Education

Training

Medical care

All of the above

answer is D.

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Detailed Solution

Investment in humans as a resource can be made through education, training, medical care and training.
Humans are a capital stock to the nation, hence they are termed as a resource. Human capital possesses abilities and skills that can be further enhanced through various means. Education, proper medical care and sanitation, training and human welfare are a few ways to increase the efficiency of human capital. Investments in these factors increase the productivity of human capital. The Gross National Product refers to the total value of goods and services produced by the country, including net foreign investments. The process of developing and investing in human capital is human capital formation.

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