Question

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

Answer 1

Answer:

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

Explanation:

Answer 2

Explanation:

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.

It does not only contribute towards the growth of the people but also the

development of society as a whole.

Education increases national income and other cultural richness.

OR,

Definition of human capital formation: Human capital formation is the act of increasing the productive qualities of the labor force by providing more education and increasing the skills, health, and notarization level of the working population.

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