Question

How does education play as an important input for human capital formation?

Answer 1

Here is ur answer my dearest friend...

The role of education in human capital formation are as follows:

1. An educated society facilities better development than an illiterate one.

2. Education provides new aspirations and imports a modern outlook to children.

3. Education makes people concerned for themselves and others, improve productivity and prosperity , and enriches life experience.

4. It is not only contributes towards the growth of an individual but also helps in the development of the society as a whole.

5. Along with increasing the efficiency of the Government , education also increases the national income along with other cultural richness.

Hope this will help u