causes of human capital formation
Answers
Answer:
Sources of Human Capital Formation
Investment in Education. The most powerful way to improve and expand the fruitful workforce in the state is by nourishing and building up the education system.
Investment in Health.
Migration.
On-the-job Training
Investment in Information: All the detailed information.
Solved Questions.
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Answer:
(1) Rising population
(2) High regional and gender inequality
(3) Brain drain
(4) High poverty level
Explanation:
Causes of Human Capital Formation
Growth in population: The rapid rise of the population can influence the grade of human capital formation, mostly in developing countries. It degrades the per capita availability of the present facility. A large population involves extra investments.
Long process: The method applied for human development is a long term process because skill enhancement requires extra time. Therefore, the process becomes very normally slow.
Gender inequality and high regional disparity: These two factors affect the human development skill.
Insufficient on-job training: In the agriculture sector, on-job training to handle advanced equipment is not provided to the worker.
High poverty level: In India, a large portion of the population is below the poverty line. Therefore, they do not have easy access to primary health and education.