Question

Role of education in human capital formation (5Mark)​

Answer 1

Answer:

ROLE OF EDUCATION IN HUMAN CAPITAL FORMATION :

1. AN EDUCATED SOCIETY FACILITATES BETTER DEVELOPMENT THAN AN ILLITERATE ONE .
2. EDUCATION PROVIDE NEW ASPIRATIONS AND IMPORTS A MODERN OUTLOOK TO CHILDREN .
3. EDUCATION MAKE SURE PEOPLE CONCERNED FOR THEMSELVES AND OTHER , IMPROVE PRODUCTIVITY AND PROSPERITY , AND ENRICHES LIFE EXPENSIVE .
4. IT IS NOT ONLY CONTRIBUTES TOWARDS THE GROWTH OF AN INDIVIDUAL BUT ALSO HELPS IN THE DEVELOPING OF THE SOCIETY AS A WHOLE .
5. ALONG WITH INCREASING THE EFFICIENCY OF THE GOVERNMEMT , EDUCATION ALSO INCREASES THE NATIONAL INCOME ALONG WITH OTHER RICHNESS .

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