how does investment in education help in human capital formation
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Education is an important factor in human capital formation which leads to higher efficiency and productivity in human beings and thus higher income and standard of living which again facilitates further investment in education and health. ... Health expenditure thus, a source of human capital formation.
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Education is an important factor in human capital formation which leads to higher efficiency and productivity in human beings and thus higher income and standard of living which again facilitates further investment in education and health. ... Health expenditure thus, a source of human capital formation.
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