Question

expenditure on information as a source of human capital formation ​

Answer 1

Answer:

Expenditure on education is an important source of capital formation. Education is an important source of human capital formation, because: It generates technical skills and creates a manpower which is suited for improving labour productivity. It, thus, results in sustained economic development.

Explanation:

Answer 2

Answer:

Expenditure on education is an important source of capital formation. Education is an important source of human capital formation because it generates technical skills and create a manpower which is situated for improving labour productivity.It tends to bring down birth rate which in turn bring decline in population growth.