What is the role of education in human capital formation in short?
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hey mate here's your answer
The role of education in human capital formation are as follows: ...
- 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.
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Reasons:-
a. Education is an important input for growth
b.Provides new aspirations and values of life
c. Women with high education and skill are paid at par with the men
d. Education helps individuals to make
better economic opportunities
e. Some jobs only for educated and skilled people
Hope it helps you ❤
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