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Human Capital Formation In India

Question

Define human capital.

Solution

Human capital may be defined as the stock of 'skill and expertise' of a nation at a point of time.

Question

Solution

Human capital formation is the process of adding to the stock of human capital over time.

Question

Solution

Human stock formation = 25000-20000 = 5000.

Question

Solution

Sources of human capital formation means the determinants of human capital formation.

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