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The excess population is considered as a burden for an economy but they can become human capital if there is an investment made in the form of:
- a)Education and health
- b)Hospitals and schools
- c)Education, training and medical care
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
The excess population is considered as a burden for an economy but the...
Investment in Human Capital
Investment in human capital is essential for the growth and development of an economy. It includes education, training, healthcare, and other services that enhance the knowledge, skills, and health of individuals. The excess population that is usually considered a burden for the economy can become human capital if the right investments are made.
Education and Training
Education and training are essential for the development of human capital. It helps individuals acquire knowledge and skills that are needed for the job market. Education and training can also improve the productivity of workers and enable them to earn higher wages. The government can invest in schools, colleges, and vocational training centers to provide quality education and training to the people.
Healthcare
Healthcare is another critical area where investment is necessary. Access to quality healthcare can improve the health of individuals and reduce the burden of diseases. It can also increase the life expectancy of people and improve their productivity. The government can invest in hospitals, clinics, and medical equipment to provide quality healthcare to the people.
Education, Training, and Medical Care
Investment in education, training, and medical care together can create a highly skilled and healthy workforce. Such a workforce can contribute significantly to the growth and development of the economy. The government can invest in these areas by allocating funds in the budget and implementing policies that promote education, training, and healthcare.
Conclusion
In conclusion, investment in human capital is necessary for the growth and development of an economy. The excess population can become human capital if the right investments are made in education, training, and healthcare. These investments can create a highly skilled and healthy workforce that can contribute significantly to the economy.
Investment in human capital is essential for the growth and development of an economy. It includes education, training, healthcare, and other services that enhance the knowledge, skills, and health of individuals. The excess population that is usually considered a burden for the economy can become human capital if the right investments are made.
Education and Training
Education and training are essential for the development of human capital. It helps individuals acquire knowledge and skills that are needed for the job market. Education and training can also improve the productivity of workers and enable them to earn higher wages. The government can invest in schools, colleges, and vocational training centers to provide quality education and training to the people.
Healthcare
Healthcare is another critical area where investment is necessary. Access to quality healthcare can improve the health of individuals and reduce the burden of diseases. It can also increase the life expectancy of people and improve their productivity. The government can invest in hospitals, clinics, and medical equipment to provide quality healthcare to the people.
Education, Training, and Medical Care
Investment in education, training, and medical care together can create a highly skilled and healthy workforce. Such a workforce can contribute significantly to the growth and development of the economy. The government can invest in these areas by allocating funds in the budget and implementing policies that promote education, training, and healthcare.
Conclusion
In conclusion, investment in human capital is necessary for the growth and development of an economy. The excess population can become human capital if the right investments are made in education, training, and healthcare. These investments can create a highly skilled and healthy workforce that can contribute significantly to the economy.
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The excess population is considered as a burden for an economy but the...
Excess population can be turned to an advantage by giving the people proper
Education, training and medical care.
Education, training and medical care.
Hence option (C) is correct
For detailed chapter notes on Population click on the following link
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The excess population is considered as a burden for an economy but they can become human capital if there is an investment made in the form of:a)Education and health b)Hospitals and schoolsc)Education, training and medical cared)None of theseCorrect answer is option 'C'. Can you explain this answer?
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