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What is the role of education in human capital formation |
Answer» <html><body><p>on helps in the human capital <a href="https://interviewquestions.tuteehub.com/tag/formation-996531" style="font-weight:bold;" target="_blank" title="Click to know more about FORMATION">FORMATION</a> in the following ways:Investment in education of human resource results in the formation of human capital.One can earn <a href="https://interviewquestions.tuteehub.com/tag/higher-1022060" style="font-weight:bold;" target="_blank" title="Click to know more about HIGHER">HIGHER</a> income because of higher productivity of the more educated or better trained persons, <a href="https://interviewquestions.tuteehub.com/tag/thus-2307358" style="font-weight:bold;" target="_blank" title="Click to know more about THUS">THUS</a> <a href="https://interviewquestions.tuteehub.com/tag/contributing-7669446" style="font-weight:bold;" target="_blank" title="Click to know more about CONTRIBUTING">CONTRIBUTING</a> towards human capital formation.Investment in human resource via education and medical care can give higher <a href="https://interviewquestions.tuteehub.com/tag/rates-25465" style="font-weight:bold;" target="_blank" title="Click to know more about RATES">RATES</a> of return in the future.IF YOU ARE SATISFIED WITH MY ANSWER THEN PLEASE MARK ME AS BRAINLIST ANSWER</p></body></html> | |