Question

explain any three sources of human capital formation​

Answer 1

Answer:

1. Expenditure on education – By nourishing and enhancing the education system, a state' s workforce can be upgraded.

2.Training – Training can improve skill and will help in human capital formation.

3. Expenditure on health – By this they can work regularly and help in more production.

Answer 2

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Sources of Human Capital Formation:

(a) Expenditure on Education

(b) Training

(c) Expenditure on Health

(d) Migration

(e) Expenditure on Information.

6. Education is considered an important input for the development of a nation.

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In other words, it refers to the process of improving or developing the existing 'human resource'. It adds to the productive capacity of a country. The main sources of human capital formation are: Expenditure on education. Expenditure on health

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