Bring out the differences between human capital and human development.

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

IELTS, Interviewer, Spoken English trainer with 2 years of experience in IELTS industry.

The basis differences between human capital and human development are – •Human capital considers that the productivity can be increased by education and health whereas human development believes that the education can be beneficial only when the human beings are able to derive maximum...
read more
The basis differences between human capital and human development are – •Human capital considers that the productivity can be increased by education and health whereas human development believes that the education can be beneficial only when the human beings are able to derive maximum benefit out of what they have learnt. •Human capital is a narrow concept which treats human being as a means to achieve higher productivity whereas human development is a broader concept which considers human beings as an end in themselves. It believes that human welfare can be achieved through investment in education and health.. read less
Comments

"Education is the key to unlocking your future"

Differences between human capital and human development are: Human Capital Human Development Human capital - (i) Human capital treats education and health as a means to increase capital. Human development - (i) Human development consider integral to human well-being. Human capital - (ii) Human capital...
read more
Differences between human capital and human development are: Human Capital Human Development Human capital - (i) Human capital treats education and health as a means to increase capital. Human development - (i) Human development consider integral to human well-being. Human capital - (ii) Human capital treats humans as a means to end. Human development - (ii) Human development treats humans as an end to themselves. Human capital - (iii) It states education and health as a means to increase labor productivity. Human development - (iii) It states that education and health are integral to human well-being because only when people have the ability to read and write, do they have the ability to make a healthy life. read less
Comments

Human capital is a quite limited idea. Human development is a much expansive idea. Theme central It believes that health and education are the most effective ways to increase labour productivity. It believes that health and education contribute to an individual's total growth, as a healthy...
read more
Humancapitalisaquitelimitedidea. Humandevelopmentisamuchexpansiveidea. Themecentral Itbelievesthathealthandeducationarethemosteffectivewaystoincreaselabourproductivity. Itbelievesthathealthandeducationcontributetoanindividual'stotalgrowth,asahealthypersonwithgoodknowledgemaymakedecisionsthatwillhelpthemliveahappyandhealthylife. read less
Comments

View 1 more Answers

Related Questions

 What is the most important function of RBI?
The most important function of RBI is that it issues currency notes and coins except one rupee note and coin.
Santosini
0 0
5
Outline the steps involved in attaining sustainable development in India.
In 2015, the United Nations general assembly adopted the 2030 agenda for sustainable development 193 countries including India got committed to the 17 sustainable development goals that require efforts...
Ankita
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Yes, China's rapid industrialization is the result of several economic reforms implemented in stages since 1978. Agriculture, foreign trade, and investment reforms were all started in the first phase. Land...
Pradeep
0 0
5
Explain the steps taken by the government in developing rural markets.
The government has made the following initiatives to develop rural markets. 1. Market Regulation - The government has established regulated marketplaces in which the selling and purchase of produce is...
Harsh
0 0
5
State an example each of self-employment in rural and urban areas.
Example of self employment in urban areas will be shopkeeping, own business and for rural areas is farming in own land.
Shantanu
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

CBSE Class 11 Economics
QUESTION Expansion of one industry facilitates the expansion of the other.How economic growth can become a dynamic process and a self-propelling activity of change? ANSWER Availability of proper...

How is China able to lead in all the human development indicators?
China is able to lead in almost all the human development indicators since the establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning...

What is the significance of energy? Differentiate between commercial and non-commercial sources.
Energy is a critical aspect of the development process of nation. It is essential for industries. Now it is used on a large scale in agriculture and related areas like production and transportation of...

Do you think regional inequality exists even in health infrastructure in India?
The development of health infrastructure has shown gender, income and regional biasness in India. Rural areas do not have access to or cannot afford medical care. Even though majority of population lives...

The question should be short, simple and properly arranged to avoid confusions. Explain.
A questionnaire is a list of questions relating to the field of enquiry. It may be defined as an instrument of collecting primary data from a large number of people. While preparing questionnaire, followingpoints...

Recommended Articles

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Urmila is a passionate teacher with over 8 years of experience in teaching. She is currently pursuing her Ph. D. She provides classes for Class 11, Class 12, MBBS and Medical tuition.  Urmila began her career in teaching long before she became a teacher. She used to provide classes for foreign national students in her college...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you