Economics · Economic Development
In development economics, how are the concepts of Human Capability and Human Capital related?
- 1These are identical concepts used interchangeably.
- 2Human Capital is a significantly larger super-set of Human Capability.
- 3Human Capability is a much larger super-set of Human Capital.✓
- 4These are completely separated and unrelated concepts.
Correct answer
Human Capability is a much larger super-set of Human Capital.
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