Acquiring greater human capital directly produces what economic impact?
ALower productivity
BHigher earnings
CLower employment
DReduced skill level
Answer & Solution
Correct answer: B. Higher earnings
Enhanced skill development and human capital translate directly into higher earnings potential.
Keep practising India: Human Resources
Browse all India: Human Resources questions for ICSE Class 8, or explore more Geography topics.
Related questions
Which economist described consumption as investment in human capital?How many major language families are represented across India?How many languages are listed in the Constitution's Eighth Schedule?What percentage of Indians spoke Hindi natively at the 2001 census?How many females per 1,000 males were recorded in India's 2011 census?What share of the Indian population lived in towns in the 2001 census?According to the 2001 census, what percentage of Indians lived in villages?What share of global land area does India occupy to support its population?