Question

What is the role of health and education in Human capital Formation?​

Answer 1

Explanation:

Health plays a vital role in human capital formation. When there are some unskilled employees, who are to be used as a human resource, they can be provided with some tools, which require a little knowledge, but that shall be of a repeating task.

Explanation:

While human capital formation, the process of the capitalization gets formed which increases simultaneously the optimum utilization of human, who are capable of providing services or production work of products.

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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.

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