economicsChoose the given statement is True/FalseInvestment in human capital is not similar to the investment made in any physical capital.

Choose the given statement is True/False


Investment in human capital is not similar to the investment made in any physical capital.


  1. A
    True
  2. B
    False 

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    Solution:

    The given statement is false.
    Human capital refers to the skilled, productive workforce of a country. It is one of the best resources that a country can possess. Physical capital refers to money in the form of land, machinery, buildings, etc. If a country does not have proper human capital, this physical capitals are useless. Hence human capital investments are to be made from time to time to ensure that the people of a country are given proper training to get the best out of them. Hence the correct statement would be, Investment in human capital is similar to the Investment made in any physical money.
     
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