Explain any five benefits of investment in human capital formation

Asked by admin @ in Social Sciences viewed by 347 People

Define Human Capital formation.Explain any four benefits of investment in human capital ?

Answered by admin @


Human capital formation refers to the acquisition of the necessary knowledge, skills and capabilities required to produce economic value.It is of critical importance for the growth of an economy.
Benefits of investment in human capital are as follows:-
1)The labour or the people working in any organization are the human resource.
2)This human resource has infinite capabilities and capacities for some beneficial engagement.
3)The means required to convert the human resource to productive units in an economy is human capital formation.
4)For example, education and proper medical facilities are highly important in the process of human capital formation.

Similar Questions

Explain the role of health in human capital formation

Asked by admin @ in Social Sciences viewed by 376 persons

What is the role of health in human capital formation? NCERT Class IX Economics - Main Course Book

Explain the role of education in human capital formation

Asked by admin @ in Social Sciences viewed by 308 persons

What is the role of education in human capital formation? NCERT Class 9th Economics Social Studies Ch 2 People as Resource

Investment in human capital can be made through

Asked by admin @ in Social Sciences viewed by 313 persons

Investment in human capital can be made through.​

Explain any five factors that affect the soil formation

Asked by admin @ in Geography viewed by 324 persons

Explain any five factor responsible for the formation of soil

What is role of health in human capital formation

Asked by admin @ in History viewed by 261 persons

What is the role of health in human capital formation ​

What is role of education in human capital formation

Asked by admin @ in Social Sciences viewed by 314 persons

What is the role of education in human capital formation? NCERT Class 9th Economics Social Studies Ch 2 People as Resource

How can a nation's government invest in human capital

Asked by maham237 @ in Geography viewed by 320 persons

How can a nation's government invest in human capital select all the answers that are correct

How does investment in human capital contribute to growth

Asked by admin @ in Economy viewed by 374 persons

How does investment in human capital contribute to economic growth?

Explain any five effects of unemployment in india

Asked by admin @ in Social Sciences viewed by 318 persons

Explain any five effects of unemployment in india

Explain the role of humans in resource development

Asked by admin @ in CBSE BOARD X viewed by 407 persons

Explain the role of human in resource development

How is human capital superior to other resources

Asked by admin @ in Economy viewed by 314 persons

How is human capital superior to other resources

Explain the process of formation of complex proteins

Asked by admin @ in Biology viewed by 316 persons

Explain the process of formation of complex proteins

Explain the role of human in resource development

Asked by admin @ in CBSE BOARD X viewed by 396 persons

Explain the role of human in resource development

Explain the process of digestion in human beings

Asked by admin @ in Science viewed by 359 persons

Explain the process of digestion in human beings with the help of diagram​

Explain the objectives of five year planning in india

Asked by admin @ in Economy viewed by 369 persons

Explain the long run objectives of five year plans in India.

Most viewed questions in Social Sciences

Deepa mehta's fire was under fire from the country

Asked by admin @ in Social Sciences viewed by 26006 persons

Science technology and the third millennium ielts reading answers

Asked by admin @ in Social Sciences viewed by 24269 persons

Education is the gateway to everyone's own brave passage

Asked by admin @ in Social Sciences viewed by 6615 persons

Describe a vocation you think is useful to society ielts

Asked by admin @ in Social Sciences viewed by 4191 persons

My ambition in life to become a good person

Asked by admin @ in Social Sciences viewed by 2411 persons

Main characters of wings of fire by apj abdul kalam

Asked by admin @ in Social Sciences viewed by 1822 persons

Education is the gateway to everyone's own brave

Asked by admin @ in Social Sciences viewed by 1477 persons

Bhagwan unki aatma ko shanti de translate in english

Asked by admin @ in Social Sciences viewed by 1423 persons

Apc understanding computer applications with bluej icse class 9 solutions

Asked by admin @ in Social Sciences viewed by 1412 persons

An area of lowland which is inundated by water

Asked by admin @ in Social Sciences viewed by 1360 persons

A tool used to find the details of distant light

Asked by admin @ in Social Sciences viewed by 1350 persons

Bharat ek krishi pradhan desh hai translate into english

Asked by admin @ in Social Sciences viewed by 1318 persons

Discuss the contribution of swadeshi movement towards national education

Asked by admin @ in Social Sciences viewed by 1312 persons

Don t judge a book by its cover tamil meaning

Asked by admin @ in Social Sciences viewed by 1245 persons

Jesse owens trophy is related to which sports

Asked by admin @ in Social Sciences viewed by 1115 persons