Question

Briefly explain the role of education and health in human capital

formation .​

Answer 1

Answer:

The role of education in human capital formation are as follows: An educated society facilitate better development program than an illiterate one. Education improves productivity and prosperity, and also improve enriched life experience. ... Education increases national income and other cultural richness.

Explanation:

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Answer 2

Answer:

Following are the role of education in human capital formation: (i) Education bears fruits in term of good job and salary. (ii)Education increases the efficiency of the workers. (iii) Education helps in increasing the mental horizon of the people.

Explanation:

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