People as Resource: Population as Human Capital

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What is the prime example of how improved production technologies can increase the productivity of land resources?

India's Green Revolution

What is superior to other resources like land and physical capital?

Human capital

What is the primary way to turn a large population into a productive asset?

Investing in human capital

Why was Sakal able to get a job in a private firm?

<p>Because of his own merit and enthusiasm</p> Signup and view all the answers

What is the indirect benefit of a more educated or healthier population?

<p>The advantages spread to those who were not directly educated or given health care</p> Signup and view all the answers

India's Green Revolution is a dramatic example of how the input of greater ______ in the form of improved production technologies can rapidly increase the productivity of scarce land resources.

<p>knowledge</p> Signup and view all the answers

Human ______ is in one way superior to other resources like land and physical capital:

<p>capital</p> Signup and view all the answers

A large population can be turned into a productive ______ by investment in human capital:

<p>asset</p> Signup and view all the answers

Sakal's father persuaded him to continue his ______.

<p>studies</p> Signup and view all the answers

Sakal's uncle Shyam had passed the ______ examination, but, was sitting idle in the house as he had no job.

<p>matriculation</p> Signup and view all the answers

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