Question

What is the role of education in human capital formation ? ( five points)

Answer 1

*Education is needed to provide knowledge to people in a country.
* To help people know how they can contribute in a country's development.
* To help them create inventions and make important discoveries.
*To help them make important decisions.
*To help them in situations where education is crucial - ( like when operating a machine )

Answer 2

The Biggest Role…

Education can make or break a country’s GDP..

A whole generation can live peacefully without much to worry about..Education gives a life of independence and human capital is the product of the right kind of education and values instilled in the children at a very young age.