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Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

A. natural resources

B. body of knowledge

C. land

D. quantity of labor

Related Questions on Education, Health & Human Capital Mcqs

Which of the following is Not True about education in LDCs ?

A. Public expenditure per student for higher education is about ten times as high as for primary education

B. The expansion of primary education redistributes benefits from the rich to the poor

C. Economists unanimously agree that LDCs should put greater priority on primary education

D. Boys are sent to schools far more often than girls

Which of the following is NOT true about child mortality ?

A. About 18 percent of the world’s deaths are among children less than five years old

B. More than 98 percent of child deaths were in LDCs

C. World-wide child mortality rates increased from 1990 to 2002

D. 19 of the 20 countries with the highest child mortality were in Africa