CBSE 2023 Class 12 Economics Delhi Set 1
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Question : 45 of 49
Marks:
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State with valid reasons whether, the following statements are true or false:
(a) "Higher productivity and production are the outcome of investment in human resources."
(b) Rising population is not the cause for quality of human capital formation.
(a) "Higher productivity and production are the outcome of investment in human resources."
(b) Rising population is not the cause for quality of human capital formation.
Solution:
(a) True
Reason: Investment in human resources like expenditure on education, health, skill and training make them productive. It leads to higher production. It helps a country to convert its population into productive assets.
(b) False
Reason: Rising population is the cause for quality of human capital formation because increased population reduces the quality of resources which badly affect the quality of human capital formation.
Reason: Investment in human resources like expenditure on education, health, skill and training make them productive. It leads to higher production. It helps a country to convert its population into productive assets.
(b) False
Reason: Rising population is the cause for quality of human capital formation because increased population reduces the quality of resources which badly affect the quality of human capital formation.
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