Q.1:- What are the two major sources of human capital in a country?

Answer

Two main sources of human capital in a country are:

1. Education: Education not only raises the standard and quality of living but also encourages modern attitude of the people. It increases the productive capacity and productivity of a nation’s workforce by enhancing their skills.

2. Health: It helps economic development indirectly by supplying active, energetic and healthy workforce which activates the entire production process.