Question

What are the sources of human capital formation

Answer 1

Education is an important source of human capital formation, because: It generates technical skills and creates a manpower which is suited for improving labour productivity. It, thus, results in sustained economic development

Answer 2

Answer:

Explanation:

$\mathfrak{ dear\: user }$

$\texttt{Human capital formation is the process of transforming the people in a}$

$\texttt {country into workers who are capable of producing goods and services. }$$\texttt{During this process, relatively unskilled individuals are given the tools they }$$\texttt{need to contribute to the economy. It is critical to the long-term economic }$$\texttt{growth of a country, and provides the same benefits as new technologies }$$\texttt{or more efficient industrial equipment. While this process takes time, it }$$\texttt{often results in a greater standard of living for the people within a country }$$\texttt{in just a few generations, or even sooner. This process can be achieved }$$\texttt{through the use of public health policies, education or training opportunities.}$$\mathcal{MY\:EXPECTATION\: FOR \:THIS \: ANSWER \:IS }10\:thanks\:and \:brainlist$

$\mathcal{BY \:ROSHAN\: A \:USER \: OF \: BRAINLY}$