Economy, asked by Shashankgodiyal8103, 1 year ago

How does a society gain through human capital formation

Answers

Answered by Muskan27022004

0

Society indirectly gains through human capital formation. This is because if some people get educated they influence other to do so . This helps in widering the literacy rate and helps in human capital formation. Not only education, but health also does the same . Human capital formation increases the total production of yield too.

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