+1 vote
in Class 9 by kratos

What is the role of education in human capital formation?

1 Answer

+2 votes
by kratos
 
Best 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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