Economics · Human Capital and Human Development
Which of the following statements best captures the key difference between human capital and human development?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Human capital focuses on improving individual freedom and choice, whereas human development aims only at economic output.
- 2Human capital and human development both treat education and health solely as economic tools.
- 3Human capital treats people as tools to boost productivity, while human development sees people as ends in themselves, valuing education and health regardless of economic returns.✓
- 4Human capital considers education and health as intrinsic goals of life, while human development views them only as means to improve productivity.
Correct answer
Human capital treats people as tools to boost productivity, while human development sees people as ends in themselves, valuing education and health regardless of economic returns.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Human Capital and Human Development MCQs →Want more practice questions on Human Capital and Human Development?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Human Capital and Human Development