"Investment in human resource via education and health can give high rates of return in future." Support the statement with any three suitable arguments.

"Investment in human resource via education and health can give high r

1.	"Investment in human resource via education and health can give high rates of return in future." Support the statement with any three suitable arguments.
Answer» Solution :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. (iv) Health sector development can prove useful for the economy. (v) Healtheir the people, the more they work, and the more they produce and earn. (vi) As it is said, .Health is Wealth., a healthy person.s capacity to work increases and he becomes more productive and hence, earns more.