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Question 26 of 47

Q.What is human capital investment?

Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2022Subjective· 2mImportance★★★★★
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Human capital investment = spending on education, health, training and skills that raises people's productivity.

Human capital investment refers to the money and resources spent on developing human beings — through education, vocational training, skill development, health and nutrition. Just as investment in machines raises physical output, investment in people raises their knowledge, skills, health and efficiency, making them more productive workers. This converts a large population from a mere burden into a valuable human resource/asset and …

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