Distinguish between human capital and human development ? I want it in tabular form.......please can i get it?????
The answer to this question has been covered in our NCERT solutions. You can refer to the same following the below mentioned path.
Basis of Difference | Human Capital | Human Development |
Meaning | It is the stock of a nation's skill and expertise at a particular point of time. | It is the overall development and well being of a nation's human capital. |
Means and Ends | It considers human beings as a means and the improvement in productivity as the end. | It considers human beings as the end itself i.e., it considers the welfare in human beings as the end. |
Motive of Investment | To improve the efficiency and productivity. | To improve the overall welfare. |
Role of Education and Health | Education and health are seen only as means to improve the productivity of human beings. | Education and health are considered to have their own importance in improving the general welfare of the human beings. |