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How is the investment in human capital similar to investment in physical capital? |
Answer» Solution :(i) If there is DEVELOPMENT of human capital, it helps in the development of physical capital ofa country. (ii) If investment in human capital is done in the FORM of education and HEALTH, it can add value to a human resource then it can BRING CHANGES in other resources too. (iii) Healthier the people, the more they work and more they produce and earn therefore, increases the productivity of a country. |
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