Question

what is the role of education and health in human capital? (5 mark)​

Answer 1

Answer:

Following are the role of education in human capital formation: (i) Education bears fruits in term of good job and salary. (ii)Education increases the efficiency of the workers. (iii) Education helps in increasing the mental horizon of the people.

Answer 2

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The role of education in human capital formation are as follows: An educated society facilitate better development program than an illiterate one. Education improves productivity and prosperity, and also improve enriched life experience.