NextQ125

Why is it essential for the government to regulate the fee structure in educational institutions?

Study Simplify SpecialHuman Capital — Meaning & Sources
Question 124

Bring out the differences between human capital and human development.

**Answer:**

| Basis | Human Capital | Human Development | |-------|--------------|-------------------| | **Concept** | Considers education and health as means to increase productivity | Based on the idea that education and health are integral part of human well-being | | **Treatment** | Treats human being as a means to an end — the end being increase in productivity | Treats human beings as an end in themselves |

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