What is the role of education in human capital formation
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Tʜᴇ ʀᴏʟᴇ ᴏғ ᴇᴅᴜᴄᴀᴛɪᴏɴ ɪɴ ʜᴜᴍᴀɴ ᴄᴀᴘɪᴛᴀʟ ғᴏʀᴍᴀᴛɪᴏɴ ᴀʀᴇ ᴀs ғᴏʟʟᴏᴡs: Aɴ ᴇᴅᴜᴄᴀᴛᴇᴅ sᴏᴄɪᴇᴛʏ ғᴀᴄɪʟɪᴛᴀᴛᴇ ʙᴇᴛᴛᴇʀ ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ ᴘʀᴏɢʀᴀᴍ ᴛʜᴀɴ ᴀɴ ɪʟʟɪᴛᴇʀᴀᴛᴇ ᴏɴᴇ. Eᴅᴜᴄᴀᴛɪᴏɴ ɪᴍᴘʀᴏᴠᴇs ᴘʀᴏᴅᴜᴄᴛɪᴠɪᴛʏ ᴀɴᴅ ᴘʀᴏsᴘᴇʀɪᴛʏ, ᴀɴᴅ ᴀʟsᴏ ɪᴍᴘʀᴏᴠᴇ ᴇɴʀɪᴄʜᴇᴅ ʟɪғᴇ ᴇxᴘᴇʀɪᴇɴᴄᴇ. ... Eᴅᴜᴄᴀᴛɪᴏɴ ɪɴᴄʀᴇᴀsᴇs ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ ᴀɴᴅ ᴏᴛʜᴇʀ ᴄᴜʟᴛᴜʀᴀʟ ʀɪᴄʜɴᴇss.
Hᴏᴘᴇ ɪᴛ ʜᴇʟᴘs....
ᴍAʀᴋ ᴍᴇ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ ❤❤
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An educated person has knowledge and ability to put resources together and get the required outcome . They have decision making power and can handle difficult problems.
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