|| WHAT IS THE ROLE OF EDUCATION IN HUMAN CAPITAL FORMATION? || || DON'T TYPE THE SAME FROM GOOGLE || ☆BEST ANSWER WILL BE MARKED THE BRAINLIEST☆
Answers
Answer:Education plays a very important role in Human capital as an educated society facilitate a better program then an illiterate one. Education improves productivity and prosperity , and also improves enrich life experience... education increases national income and other cultural richness...
It also increases the quality of labour and helps to enhance total productivity. This helps in growth of the economy...
Hope this helps you friendd .....
Question : What is the role of education in human capital formation?
Answer: Education plays an important role in human capital formation. Education improves the quality of human resources. An educated person is likely to contribute to the economy in a better way than an uneducated person. We should keep in mind that education does not only mean a formal education to obtain degrees but also means skill development.