State whether the following statements are true/false, with valid arguments:
(a) Human Capital and Human Development are one and the same thing.
Answer Gyaan
You Ask - we Answer!
Answer Gyaan © 2023
State whether the following statements are true/false, with valid arguments:
(a) Human Capital and Human Development are one and the same thing.
Answer :
The given statement is not true to perfection.
Explanation :
These two may sound similar but are not exactly same. Whereas, human capital considers education and health as a means to increase labour productivity, human development is based on the idea that education and health are integral to human wellbeing.