Investment in human capital accrue both private and social benefits. Explain how
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human capital creates social benefits since the services produced by it is beneficial to the society also. Eg: A teacher is a human capital who earns money by teaching at the same time it is beneficial to the society as the teacher helps in moulding the students both academically and character wise.
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Explanation:
human capital creates social benefits since the services produced by it is beneficial to the society also. Eg: A teacher is a human capital who earns money by teaching at the same time it is beneficial to the society as the teacher helps in moulding the students both academically and character
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