1.

Bring out the difference between human capital and human development.

Answer»
Human CapitalHuman Development
1. It means investing in human beings as we do in physical capital in order to get future returns in the form of higher productivity and earnings.1. It refer to the overall development of human beings which incudes political and economic,social, spiritual sapects of their living.
2. It considers education and health as the meansto increase labour productivity.2. It is based on the idea that education & health are integral to human well being.
3. It treats human beings as a means to an end, the end being the increase in productivity.3. It treats human beings as ends themselves.
4. It is a narrow concept4. It is a broader cocept.



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