Social Science · Human Capital Formation
Analyse the two statements below and choose the correct option: Statement (I): Human capital includes only the skills acquired through formal education. Statement (II): On-the-job training, health facilities, and migration also contribute to human capital formation.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement (I) is false but Statement (II) is true✓
- 2Statement (I) is true but Statement (II) is false
- 3Both Statement (I) and Statement (II) are false
- 4Both Statement (I) and Statement (II) are true
Correct answer
Statement (I) is false but Statement (II) is true
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