Which of the following is a factor that affects the quality of human capital in a country?
-
The size of the population
-
The diversity of the culture
-
The availability of natural resources
-
The expenditure on health and education
Answer:
Answer by Student
So, the correct answer is (D): The expenditure on health and education
Detailed Explanation by Teachoo
Let’s check all the options
-
Option (A) The size of the population
- The size of the population does not affect the quality of human capital in a country. It only affects the quantity or availability of human resources. A large population can be an asset or a liability depending on how it is utilized. So, this is
incorrect
. ❌
-
Option (B) The diversity of the culture
- The diversity of the culture does not affect the quality of human capital in a country. It only affects the social and cultural aspects of human resources. A diverse culture can be a source of unity or conflict depending on how it is respected and celebrated. So, this is
incorrect
.❌
-
Option (C) The availability of natural resources
- The availability of natural resources does not affect the quality of human capital in a country. It only affects the physical and environmental aspects of human resources. Natural resources can be a boon or a curse depending on how they are managed and conserved. So, this is
incorrect
.❌
- Option (D) The expenditure on health and education - The expenditure on health and education affects the quality of human capital in a country. It is an investment in human capital formation that enhances the skills, knowledge, productivity and well-being of human resources. Expenditure on health and education can improve the economic and social outcomes for a country. So, this is correct ✅ .
Thus, option (D): The expenditure on health and education is correct