Question

Why is the adult population of a nation considered as human capital?

• A. The adult population contributes to labour in agricultural, industrial, and service sectors.
  
• B. The adult population does not require the country to invest in it in terms of education and skill training.
• C. The adult population comes under the working population and forms the workforce of a country.
• D. The adult population possess the knowledge, skills, and abilities required to produce various goods and services in a country.

Answer 1

Answer: (A), (C), (D)

The adult population possess the knowledge, skills, and abilities required to produce various goods and services in a country.

The population of a country is divided into children, adults, and senior citizens. The adults come under the working population and form the workforce of a country. They possess the knowledge, skills, and abilities required to produce goods and services in a country. They are also employed as labour in agricultural, industrial, and service sectors. Therefore, the workforce of adults is directly connected to the nation's wealth and is considered as human capital.