Question

define human capital and human capital formation . name any two sources of human capital formation

Answer 1

Heya...

Human capital.... A stock of capital for a nation at a point of time.....

Human capital formation... A process to add-on in the stock of human capital...Or the process of forming humans as capital ...

Two sources of human capital formation..

1 Education ...An educated people act a best capital for a nation...

2 Healthy people....they can be do their best for nation....

Answer 2

Answer:

When investment is made in the form of education, training and medical care, the quality of population improves and becomes a great asset. It is known as human capital.  

When the investment is made in the existing human resource for further development by becoming more educated and healthy is termed as human capital formation.  

The two sources of human capital formation are education and health.