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