History, asked by mudit8493, 1 year ago

Define Human Capital formation.Explain any four benefits of investment in human capital ?

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Answered by Deepak4311

2

Human capital formation refers to the acquisition of the necessary knowledge, skills and capabilities required to produce economic value.It is of critical importance for the growth of an economy. ... 4)For example, education and proper medical facilities are highly important in the process of human capital formation.

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