Population becomes human capital when investment is made in the form of education, training and:
- Medical care
- Land purchase
- Gold reserves
- Road building
Show answer and solution
Correct answer: A. Medical care
1. Human capital is the stock of skill and productive knowledge.
2. Education, training and medical care create it.
3. It yields returns like physical capital.
_Source: syllabus Economics, Chapter 2, People as Resource._