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Human Capital Formation In India
Discuss the following as a sources of human capital formation:
(i) Health infrastructure
(i) Health infrastructure : Expenditure on health is an important source of human capital formation. Health expenditure directly increases the supply of healthy labour force and is, thus, a source of human capital formation. Preventive medicine (vaccination), curative medicine (medical intervention during illness), social medicine (spread of health literacy) and provision of clean drinking water and good sanitation are the various forms of health expenditure.
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A professor earns a higher wage than a peon in the college. Why?
What is human developments?
What is 'on the job training'?
Give the different forms of 'on the job training'.
Why is expenditure regarding on-the-job training a source of human capital formation?
What is investment in education?
Mention on the main forms of development of human resources.
What do you mean by health?
What is social infrastructure?
What is meant by human resource development?
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