explain any 5 benefit of investment in human capital formation?
Answers
Answer:
Benefits of investment in human capital formation are as follows -
• Human capital is the main power of the industrial sectors of a nation and that's why investment in the human capital increases the efficiency of the industrial sectors.
• Human capital investments help in the establishment of the new jobs and that's why the problem of unemployment gets a solution.
• Human capital investment also ensures the presence of the skilful persons in their own country. Lack of human capital investments in proper places can become a cause of foreign migration of the skilful persons for better opportunities.
• Human capital investments also ensures the proper development of the nation in many different aspects where human resources are involved.
• The human capital investments also ensures the proper development of the national economy.
And many more.
Hope this helps you.
Explanation:
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