Question

What is the role of education in human capital formation?​

Answer 1

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.

(iv) Education enhances the national income, cultural richness and increase the efficiency of governance.

(v) Education encourages economic development through greater participation of the people in the affairs of the country.

Answer 2

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