Answer:
Education helps in the human capital formation in the following ways: (i) Investment in education of human resource results in the formation of human capital. (ii) One can earn higher income because of higher productivity of the more educated or better trained persons, thus contributing towards human capital formation. (iii) Investment in human resource via education and medical care can give higher rates of return in the future.
You need to login to perform this action.
You will be redirected in
3 sec
