What is the role of education in human capitai information?
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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. ... Education increases national income and other cultural richness.
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- Education provides new aspirations and a modern outlook which opens new horizons for him/her.
- It helps a person earn a good living throughout his life as he/she is open to wide opportunities.
- Education raises the productivity of the workforce which not only contributes towards the growth of the individual but also helps in the development of the society as a whole.
- It increases the efficiency of the workforce.
- Education encourages the participation of people in governance.
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