What is meant by Human capital formation ?
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क्या मानव पूंजी निर्माण का क्या मतलब है
Meier defines Human Capital Formation as “human capital formation is the process of acquiring and increasing the number of persons who have education and experience which is essential for the economic and political development of a country”.
Basis: Physical Capital
Formation: It can be built in through imports from other areas
Characteristics: It is tangible in nature and can easily be traded or sold in the open m...
Ownership: It can be separated from its owner
Answer:
Meier defines Human Capital Formation as “human capital formation is the process of acquiring and increasing the number of persons who have education and experience which is essential for the economic and political development of a country”.