Question

A country's human capital increases a. if its workers become better educated or healthier. b. only if its workers become better educated. c. only if its workers become healthier. D. None of the above is correct.

Answer 1

Answer:

Option (a) is correct.

Explanation:

Human capital refers to the capital that plays a vital role for improving a nation's productivity. Human capital includes health, education, experience, skills and training. If the workers of a country become more healthier and educated then as a result the output of that country increases because of higher productivity of the workers.

This will also increases the earning of the workers. If a worker is healthier then they will be able to give 100% percent at work and become regular to work.

Alternatively, if a worker has more skills and experience then this will increase the human capital of a nation.