Question : Which of the following is an example of human capital mobility?
Option 1: The exchange of knowledge and skills between individuals
Option 2: The geographical movement of workers from one region to another
Option 3: The transfer of financial resources for educational purposes
Option 4: The migration of highly skilled workers to other countries
Correct Answer: The geographical movement of workers from one region to another
Solution : The correct answer is (b) The geographical movement of workers from one region to another.
Human capital mobility refers to the movement of individuals, particularly workers, from one location to another in search of better employment opportunities or to utilize their skills and knowledge. This movement can involve individuals relocating to different regions or countries where their skills are in demand, contributing to the transfer of human capital and economic growth in those areas.
Option 1: Geographical movement of workers from one region to another
Option 2: The exchange of knowledge and skills between individuals
Question : Human capital refers to:
Option 1: Physical assets owned by individuals
Option 2: Knowledge, skills, and abilities possessed by individuals
Option 3: Financial resources invested in education
Option 4: Natural resources utilized by individuals
Question : Which of the following is an example of social capital?
Option 1: Knowledge and skills possessed by individuals
Option 2: Physical infrastructure of a country
Option 3: Social networks and relationships
Option 4: Financial resources owned by individuals
Question : What does the term "brain drain" refer to in the context of human capital formation?
Option 1: Migration of skilled workers to other countries
Option 2: Development of the intellectual capabilities of individuals
Option 3: Investment in education and skill development programs
Option 4: Redistribution of income and wealth in society
Question : The "brain gain" refers to:
Option 1: The migration of highly skilled individuals to other countries
Option 2: The loss of intellectual abilities due to aging
Option 3: The process of acquiring knowledge through formal education
Option 4: The increase in the population due to immigration
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