Question

explain any five benefits of investment in human capital formation

Answer 1

the benefits are
1. growth of economy
2. increase in knowledge
3.increase in skills and capabilities
4.a healthy society
5.it increase in technical skills

Answer 2

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 skillful persons in their own country. Lack of human capital investments in proper places can become a cause of foreign migration of the skillful 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.