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How does investment in human capital, as highlighted in the chapter, impact a country's economy?
  • a)
    It leads to a decrease in Gross National Product.
  • b)
    It has no effect on the productivity of the workforce.
  • c)
    It enhances the productive power of the country.
  • d)
    It primarily focuses on physical capital formation.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How does investment in human capital, as highlighted in the chapter, i...
Investment in human capital, through education, training, and medical care, enhances the productive power of a country by increasing the skills and knowledge of its workforce, leading to higher productivity and economic growth.
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How does investment in human capital, as highlighted in the chapter, impact a country's economy?a)It leads to a decrease in Gross National Product.b)It has no effect on the productivity of the workforce.c)It enhances the productive power of the country.d)It primarily focuses on physical capital formation.Correct answer is option 'C'. Can you explain this answer?
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How does investment in human capital, as highlighted in the chapter, impact a country's economy?a)It leads to a decrease in Gross National Product.b)It has no effect on the productivity of the workforce.c)It enhances the productive power of the country.d)It primarily focuses on physical capital formation.Correct answer is option 'C'. Can you explain this answer? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about How does investment in human capital, as highlighted in the chapter, impact a country's economy?a)It leads to a decrease in Gross National Product.b)It has no effect on the productivity of the workforce.c)It enhances the productive power of the country.d)It primarily focuses on physical capital formation.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How does investment in human capital, as highlighted in the chapter, impact a country's economy?a)It leads to a decrease in Gross National Product.b)It has no effect on the productivity of the workforce.c)It enhances the productive power of the country.d)It primarily focuses on physical capital formation.Correct answer is option 'C'. Can you explain this answer?.
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