MP Board · Class 11 · Economics · Human Capital Formation in IndiaMigration contributes to human capital formation because:
Step-by-Step Solution
Migration contributes to human capital formation as people migrate in search of better job opportunities that match their skills, leading to higher incomes and fuller utilization of their potential.
Detailed Options Breakdown
Option : It increases congestion in cities
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Human Capital Formation in India.
Option 1: It facilitates better utilization of skills at places with higher returns (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: It increases transport costs
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Human Capital Formation in India.
Option 3: It reduces overall employment
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Human Capital Formation in India.
💡 Study Guide: This question tests core syllabus concepts from Human Capital Formation in India. For formulas, key summaries, and mock exam reference guides, read the full Human Capital Formation in India Revision Notes.