Sponsor Area

Human Capital Formation In India

Question
CBSEENEC11009158

Is the formation of human capital linked to man's all round development?

Solution

The formation of human capital is a source of economic growth. Investment in education and health is helpful for the all round development of the poeple. Young people are needed for the professions such as medicines and engineering. The competent people who are educated and trained as teachers, professors and other professionals in education and health care system can provide other doctors and engineers. Training develops the inner qualities of man. Education helps in all round development of the personality of a man. With the help of human capital, more human capital can be produced out of human resources.