How investment in human resourse can give high rate of return in future
Answers
Explanation:
Investment in education of human resource results in the formation of human capital.
(ii) One can earn higher income because of higher productivity of the more educated or better trained persons, thus contributing towards human capital formation.
(iii) Investment in human resource via education and medical care can give higher rates of return in the future.
(iv) Health sector development can prove useful for the economy.
(v) Healthier the people, the more they work, and the more they produce and earn.
(vi) As it is said, 'Health is Wealth; a healthy person's capacity to work increases and he becomes more productive and hence, earns more.
Answer:
this question is arised from class 9 ch 2 economics.
1. More returns= Spending on human reasources is similer to spending on capital goods.
2.High growth rate= countries like jaoan have invested in human reasources.They did not have any natural reasources. These countries are developed countries. Efficiency and technology evolved people have made this country rich.
3. Increase in Productivity= Investement on human reasources is also important to increase their productivity