Making people more educated and healthy is called:
AWealth and savings creation
BHuman capital formation
CPhysical capital growth
DLand and asset development
Answer & Solution
Correct answer: B. Human capital formation
1. It adds to the productive power of the country.
2. It is human capital formation.
3. It works just like physical capital formation.
_Source: syllabus Economics, Chapter 2, People as Resource._
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