Question

what is the role of education in human capital formation?explain

Answer 1

Hi dear here is your ans...

According to standard economics, Human capital plays an imp role in the economics process . And this human capital can only be made through training and education.

This is proves that educated person can generate more than an uneducated person..

That is why government have launched so many projects to get youth educated..

If u want more detail then refer book evergreen self study.

Hope it helps u....

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