What is the role of education in human capital formation?

1.	What is the role of education in human capital formation?
Answer» Education is the most important component of human resource development. →Proper education and training enable the formation of this human capital. An educated population is an asset, a resource. → Education enhances the quantity and quality of individual productivity, which in turn adds to the growth of the economy. →It develops personality and sense of national consciousness among the people which are important for rapid economc growth.

Answer»

Education is the most important component of human resource development.

→Proper education and training enable the formation of this human capital. An educated population is an asset, a resource.

→ Education enhances the quantity and quality of individual productivity, which in turn adds to the growth of the economy.

→It develops personality and sense of national consciousness among the people which are important for rapid economc growth.

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