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Economics · 2023 · 4 marks
CBSE 2023 · Region 4 · Set 3 · Q30
“Human Capital benefits only the owner and not the society.” Defend or refute the given statement.
“Human Capital benefits only the owner and not the society.” Defend or refute the given statement.
Marking-scheme solution
The given statement may be refuted, as the human capital primarily benefits the owner but in general also yields its advantages to the society as well.For example: A healthy person, by maintaining personal hygiene and sanitation, prevents the spread of contagious diseases and epidemics.
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