Question

what do you understand by human capital formation​

Answer 1

Answer:

Human capital formation is the process of transforming the people in a country into workers who are capable of producing goods and services. During this process, relatively unskilled individuals are given the tools they need to contribute to the economy

Answer 2

Answer:

Human capital formation means transformation of human resource from liability to a helping hand.

In human capital formation education is given the top priority. Also healthcare is a prominent aspect.