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What is the role of education in human capital formation?
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The role of education in human capital formation are as follows:
- An educated society facilitate better development program than an illiterate one.
- Education improves productivity and prosperity, and also improve enriched life experience.
- It does not only contribute towards the growth of the people but also the development of society as a whole.
- Education increases national income and other cultural richness.
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| Question Text | What is the role of education in human capital formation? |
| Answer Type | Text solution:1 |
| Upvotes | 155 |
