What is the role of education in human capital formation ?

1.	What is the role of education in human capital formation ?
Answer» The role of education in human capital formation are as follows: 1. An educated society facilities better development than an illiterate one. 2. Education provides new aspirations and imports a modern outlook to children. 3. Education makes people concerned for themselves and others, improve productivity and prosperity , and enriches life experience. 4. It is not only contributes towards the growth of an individual but also helps in the development of the society as a whole. 5. Along with increasing the efficiency of the Government , education also increases the national income along with other cultural richness. ==================================================================Hope this will help you....

Answer»

The role of education in human capital formation are as follows:

1. An educated society facilities better development than an illiterate one.

2. Education provides new aspirations and imports a modern outlook to children.

3. Education makes people concerned for themselves and others, improve productivity and prosperity , and enriches life experience.

4. It is not only contributes towards the growth of an individual but also helps in the development of the society as a whole.

5. Along with increasing the efficiency of the Government , education also increases the national income along with other cultural richness.

==================================================================Hope this will help you....

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