Which of the following refers to the ability of people to contribute to the process of value addition…
Human resource refers to people and their capacity to contribute to productive activity. Physical capital consists of produced assets, human capital formation develops…
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Which of the following refers to the ability of people to contribute to the process of value addition in the Indian economy?
Answer and explanation
Correct answer A
Human resource refers to people and their capacity to contribute to productive activity. Physical capital consists of produced assets, human capital formation develops people's productive abilities, and human development concerns a broader improvement in capabilities and well-being.
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Gujarat SET (GSET)