what plays an important role in human capital formation in people as resources and economic for class 9 CBSE NCERT
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what plays an important role in human capital formation in people as resources and economic for class 9 CBSE NCERT
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Answer:
Population becomes human capital when there is investment made in the form of education, training and medical care.In fact, human capital is the stock of skill and productive knowledge embodied in them.
People who are part of the workforce are called human resource. By contributing in productivity, the human resource plays a significant role in theeconomy of a country. ... Answer: Educationplays an important role in human capital formation.