Q. What is Human capital investment? How it results in Human Capital Formation?
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Human capital is unique and differs from any other capital. It is needed for companies to achieve goals, develop and remain innovative. Companies can invest in human capital for example through education and training enabling improved levels of quality and production.[2]
Human capital theory is closely associated with the study of human resources management as found in the practice of business administration and macroeconomics.
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The investment made by government the fields of health,medical care,education,employmemt,transportation services.These preparations contributes in the formation of human capital formation which helps in economic development of the country and make a progressive and developing country to a developed one.
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