Economy, asked by rishikeshpatidar79, 8 months ago

What is the role of education in human capital
formation ?

Answers

Answered by supriyaprince
1

Answer:

Education is the most important component of human resource development.

  • Proper education and training enable the formation of this human capital. An educated population is an asset, a resource.
  • Education enhances the quantity and quality of individual productivity, which in turn adds to the growth of the economy.
  • It develops personality and sense of national consciousness among the people which are important for rapid economic growth.
Answered by AIoneAngel
0

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

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