What is the role of education for human capital formation
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Education helps the person to enhance his/her abilities and skills. Education further makes him/her a boon to the National Economy and the society instead adding up to the liabilities of the economy. It makes him a valuable entity or a factor of economy.
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Question :-
What is the role of education in formation of human capital
Answer :-
The role of education in human capital formation are as follows:
1. An educated society facilitate better development program than an illiterate one.
2. Education improves productivity and prosperity, and also improve enriched life experience.
3. It does not only contribute towards the growth of the people but also the development of society as a whole.
4. Education increases national income and other cultural richness.
Hope it helps ❤ Mrk as brainliest
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