Which of the following is a factor that affects the quality of human capital in a country?

  1. The size of the population

  2.  The diversity of the culture

  3. The availability of natural resources

  4. 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

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.