Question

Investment in human resources via education and medical Care can give high rates of return in the future. Support the statement with any three sutable argumen

Answer 1

Explanation:

education help in the human capital formation in the following ways :

1. investment in education of human resource result in the formation of human capital.

2. one can earn higher income because of higher productivity of more educated or better train percent does contributing towards human capital formation.

3. investment in human resource the education and medical care can give higher rates of return in the future.

4. health sector development can prove useful for the economy.

5. healthy the people the more they work and the more they produce and earn.

6. as it is said health is wealth a healthy person capacity to work increases and and he becomes more productive and hence earns more