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Human Capital Formation In India

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What are the benefits of education?

Solution

Education prepares people for the ever changing situations by developing appropriate values, aptitudes, knowledge and skills. It provides capacity and flexibility to the people and enables them to contribute in the economic development of the country.

Some More Questions From Human Capital Formation In India Chapter

What do you mean by the term 'sources of human capital formation?'

A professor earns a higher wage than a peon in the college. Why?

What is human developments?

What is 'on the job training'?

Give the different forms of 'on the job training'.

Why is expenditure regarding on-the-job training a source of human capital formation?

What is investment in education?

Mention on the main forms of development of human resources.

What do you mean by health?

What is social infrastructure?

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