what is the role of education in human capital formation
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The role of education in human capital formation are as follows: ... Education makes people concerned for themselves and others, improve productivity and prosperity , and enriches life experience. 4. It is not only contributes towards the growth of an individual but also helps in the development of the society as a whole.
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Hey mate here is your answer
Education is an important source of human capital formation. It helps to improve the technical skills of the individuals and thus results in sustained economic development. ... Human capital formation increases the income of the individuals by enhancing their technical skills and generating more of job opportunities.
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