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CBSE Class 9 Answered

what is the role of education in human capital formation
Asked by artineetu29189 | 07 Jan, 2021, 07:46: AM
answered-by-expert Expert Answer

The role of education in human capital formation are given below.

1.  Education provides new aspirations and a modern outlook which opens new horizons for him/her.

2. It helps a person earn a good living throughout his life as he/she is open to wide opportunities.

3. Education raises the productivity of the workforce which not only contributes towards the growth of the individual but also helps in the development of the society as a whole.

4. It increases the efficiency of the workforce.

5. Education encourages the participation of people in governance

Answered by | 07 Jan, 2021, 07:39: PM

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