Question

what is the role of education in human capital formation.

Answer 1

Hey guys.. here is your answer...

Education has a vital role to play in human capital formation or in human resource development. It helps an individual to make better use of economic opportunities available before him. Education and skill are the major determinants of the earning of an individual in the market. Apart from these education has many other benefits such as, -

It helps a man to make all around development and opens the avenue of prosperity. 

It uplifts his abilities as a skilled worker and enables him to earn better. 

Education enables a man to get rid of bad habits. 

It helps a man to acquire good habits and become an ideal citizen for his country. 

Literate parents are aware of the benefits of education of their children. They are also conscious of proper nutrition and hygiene. 

Answer 2

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