Gross earnings
Net earnings
Total earnings
Expenses
✅ The correct answer is B.
Human Life Value concept measures the value of a human life on the basis of his Net earnings. The human life value concept deals with human capital, which is a person’s income potential. It goes beyond just the numbers and considers the overall impact of losing someone, especially the breadwinner.
Human Life Value concept measures the value of a human life on the basis of his Net earnings. The human life value concept deals with human capital, which is a person’s income potential. It goes beyond just the numbers and considers the overall impact of losing someone, especially the breadwinner.