Question

What is the meaning of human capital formation? Explain the sources of human capital formation?

Answer 1

Explanation:

human capital means developing human's health and education

Answer 2

Explanation:

HUMAN CAPITAL

• It considers education and health as a means to increase labour productivity .
• It is a narrow concepts which treat human beings as means to achieve and end which is higher productivity .
• Human capital treats human beings as a means to an end, the end being the increase in productivity .