How is human development a broader term as compared to human capital?
Human development is a broader term as compared to human capital because human capital is a means to an end whereas human development is an end in itself. Human capital considers education and health as a means to make a human being a good productive person. Human capital is a means to an end, where means implies skills that are used in the process of production and end denotes the consequent increase in the productivity. The higher levels of output can be achieved through extensive application of human capital. On the other hand, human development is an end in itself which refers to the holistic development of the individuals. The development can be possible only by acquiring good education and attaining good health. Therefore, education and health are the two main features of human development. Human development occurs when majority of people in the economy are educated and healthy. Thus, the end signifies the development of an individual via education and health. Therefore, we can conclude that human development is a broader term as compared to human capital.
Discuss the need for promoting women’s education in India.
Trace the relationship between human capital and economic growth.
Discuss the following as a source of human capital formation
(i) Health infrastructure
(ii) Expenditure on migration.
‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment.
Education is considered to be an important input for the development of a nation. How?
What are the main problems of human capital formation in India?
What factors contribute to human capital formation?
Argue in favour of the need for different forms of government intervention in education and health sectors.
What are the indicators of educational achievement in a country?
How government organisations facilitate the functioning of schools and hospitals in India?
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
What do you mean by rural development? Bring out the key issues in rural development.
Define a plan?
Who is a worker?
Explain the term ‘infrastructure’.
What is meant by environment?
Why are regional and economic groupings formed?
Why were reforms introduced in India?
Why calorie-based norm is not adequate to identify the poor?
Name some notable economists who estimated India’s per capita income during the colonial period?
Explain how import substitution can protect domestic industry.
Explain the role of micro-credit in meeting credit requirements of the poor.
Compared to urban women, more rural women are found working. Why?
Explain the Great Leap Forward campaign of China as initiated in 1958.
Why and how was the private sector regulated under the IPR 1956?
Which is regarded as the defining year to mark the demographic transition from its first to the second decisive stage?
What is organic farming and how does it promote sustainable development?
You are residing in a village. If you are asked to advice the village panchayat, what kinds of activities would you suggest for the improvement of your village which would also generate employment.
What is the Green Revolution? Why was it implemented and how did Does it benefit the farmers? Explain in brief.
Highlight the salient features of India’s pre-independence occupational structure.