what is the role of education in human capital formation?
(5 mark question)
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- The role of education in human capital formation are as follows: An educated society facilitate better development program than an illiterate one. ... 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....
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The role of education in human capital formation are as follows :
- An educated society facilities better development than an illiterate one.
- Education provides new aspirations and imports a modern outlook to children.
- Education makes people concerned for themselves and others, improve productivity and prosperity , and enriches life experience.
- It is not only contributes towards the growth of an individual but also helps in the development of the society as a whole.
- Along with increasing the efficiency of the Government , education also increases the national income along with other cultural richness.
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