Question

What is the importance of education in human capital?

Answer 1

Human capital is affected directly and indirectly by education which plays an important role in both accumulating human capital and increasing economic growth. ... A. Marshall has emphasized the significance of skills and knowledge as an important tool for economic development...

Answer 2

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What is the importance of education in human capital?

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am educated society facilitate better development program than an illiterate one education improves productivity and prosperity and also improved enriched life experience. it does not only contribute towards the growth of the people but also the development of society as a whole. education increases national income and other cultural richness. it is an important factor in human capital which leads to higher efficiency and productivity in human beings.

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