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expenditure on education as an eternal level- it is the most important source comverting into human capital.so, govt. need to spent more money on education and try to open new skuls,collages etc. so, that ecen those person who are not abla to pay fees in private and also abla to affort gud edution

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What are the source of human capital formation?

The sources of human capital formation under the creativity are education and health.The proper education and the proper maintenance of health and child birth can contribute towards human capital formation.


Why is human capital considered the best capital?

human capital is consider the best capital bcuz if their will be no human capital so their is no use of other capital also


Human capital formation in developing countries?

Human capital formation in developing countries involves enhancing the skills, knowledge, and health of the workforce to drive economic growth and improve living standards. Investments in education, vocational training, and healthcare are crucial for building a skilled labor force that can adapt to changing economic demands. Challenges such as limited resources, inadequate infrastructure, and socio-political factors often hinder these efforts, yet successful human capital development can lead to increased productivity and innovation. Ultimately, fostering human capital is essential for sustainable development and reducing poverty in these regions.


When does population become human capital?

when a countries people is skilled by well trained-up,then we can consider as human capital. Human capital is the capital of talented and skill people which can be used in an organization to improve its productivity.


What is the definition of Capital formation?

According to Ragnar Nurkse, "The meaning of 'Capital formation ' is that society does not apply the whole of its current productive activity to the needs and desires of immediate consumption, but directs a part of it to the making of capital goods: tools and instruments, machines and transport facilities, plant and equipment-all the various forms of real capital that can so greatly increase the efficacy of productive effort. The term is sometimes used to cover human as well as material capital. It can be made to include investment in skills, education and health-a very important form of investment." Ragnar Nurkse's definition merely implies the accumulation of material capital and neglects human capital.

Related Questions

What are the source of human capital formation?

The sources of human capital formation under the creativity are education and health.The proper education and the proper maintenance of health and child birth can contribute towards human capital formation.


What has the author Gert Hullen written?

Gert Hullen has written: 'The capital of couples and the effects of human capital on family formation'


What are the causes of low capital formation in Pakistan?

increase in real assets of a country is capital formation


Why is human capital considered the best capital?

human capital is consider the best capital bcuz if their will be no human capital so their is no use of other capital also


Role of health in human capital formation?

Health is an important factor in formation of human capital because health of a person helps him to realise his potential and the ability to fight illness. An unhealthy person becomes a liability for an organisation. In short, health is an indispensable basis for realising one's well being. Henceforth,improvement in the health status of the population has been the priority of the country.


When does population become human capital?

when a countries people is skilled by well trained-up,then we can consider as human capital. Human capital is the capital of talented and skill people which can be used in an organization to improve its productivity.


Define Human capital formation?

IT is the process by which a given individual achieves their highest potential and aspirations by integrating and optimizing a combination of ongoing processes such as education, job seeking, employment, skill formation, and personal development.


What is the definition of Capital formation?

According to Ragnar Nurkse, "The meaning of 'Capital formation ' is that society does not apply the whole of its current productive activity to the needs and desires of immediate consumption, but directs a part of it to the making of capital goods: tools and instruments, machines and transport facilities, plant and equipment-all the various forms of real capital that can so greatly increase the efficacy of productive effort. The term is sometimes used to cover human as well as material capital. It can be made to include investment in skills, education and health-a very important form of investment." Ragnar Nurkse's definition merely implies the accumulation of material capital and neglects human capital.


What is the origin of human capital management?

what is the orgin of human capital management


How do capital and human capital increase the wealth and income of nations?

how do capital and human capital increase the gdp wealth and income of nations


What is low capital formation?

Low capital formation is the prevalence of having savings lower than your debts. This often occurs during recessions in the economy.


What is the difference's between human capital and human development?

human capital treat education and health as a means to increase capital wheras human develoment considers as integral to human well being