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WorksheetsHuman Capital Formation
Total questions: 10
Worksheet time: 5mins
The stock of skill, expertise, education and knowledge in a nation at a point of time know as
Human development
None
Human resource
Human capital
Machine and buildings are
Human capital
None of these
Physical capital
Natural capital
Physical capital refers to
All of these
Process of acquiring and increasing the number of persons who have skill
Stock/shares of the companies
Stock of produced means of production
People as a resource means
None
Country's natural capital in terms of their existing productive skills
Country's fixed capital in terms of their existing productive skills
Country's working capital in terms of their existing productive skills
Human capital consists of
Entrepreneurs
Entire population
Workers
Both workers and entrepreneurs
A person becomes a human resource when he/she
Is willing to work
Belongs to particular age group
Is able to work
All of the above
Human development refers to
Development of the individuals by acquiring good education
Consists of skills as used in the process of production
None
Both
Human capital is similar to physical capital because
The are the factors of production
Raise nation's ability to produce goods and services
Both
None
Human capital formation is the procedure of transforming the people in a nation into the workers who are capable of (a)
Human capital is stock of
Habits attributes
Knowledge attributes
Goals
Social attributes
