Medhya invested in a few agricultural courses, learned modern farming techniques, and trained her laborers

Question

Medhya and Danish both had their own farms.

Medhya invested in a few agricultural courses, learned modern farming techniques, and trained her laborers on best practices related to soil fertility, crop management, and pest control.

Whereas, Danish invested heavily in purchasing advanced farming machinery, irrigation systems, and high-quality seeds.

Do you agree that Danish had made an investment in human capital?

Answer 1

No, Danish did not make an investment in human capital. Human capital refers to improvements in skills, education, and health that enhance productivity. Medhya’s investment in training and education aligns with human capital investment, whereas Danish’s focus on machinery and seeds relates to physical capital.