Question

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

Answer 1

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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.