What is the meaning of human capital formation? Explain the sources of human capital formation?
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Explanation:
human capital means developing human's health and education
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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 .
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