Economy, asked by chaudharysiddhu54, 7 months ago

"Human Capital Formation gives birth to innovation, invention and
technological improvements."
Do you agree with the given statement ? Support your answer with valid
arguments.​

Answers

Answered by snehasoni11feb2004
11

Explanation:

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Answered by DevendraLal
7

In this question, we are asked to tell if human capital formation gives birth to innovation, invention, and technological improvements.

  • Yes, the given statement is correct.
  • Human capital formation gives birth to innovation, invention, and technological improvements.
  • The aforementioned claim is true and accurate since investing in education and research results in the production of high-quality items at lower costs, which supports economic growth.
  • Because innovation, which results in technological advancement and the subsequent creation of new products, depends on research and development.
  • Only by spending money on education will this be accomplished.
  • To produce knowledgeable scientists and researchers in a variety of fields who produce cutting-edge goods, technologies, and processes, human capital formation aids in educating students.

PROJECT CODE #SPJ2

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