12th Class Economics Human Capital Formation In India Question Bank MCQs - Human Capital Formation in India

  • question_answer
    Improved health and education of the people in a country entails

    A) Positive externality

    B) Negative externality

    C) Both (a) and (b)

    D) None of the above

    Correct Answer: A

    Solution :

    Improved health results in positive externality due to lack of transmission of diseases whereas education entails positive externalities in terms of enhanced development and low crime rate.


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