9th Class Social Science People as Resource Question Bank 9th CBSE Social Science People as Resource

  • question_answer
      What is the role of education in human capital formation?

    Answer:

                      (i) Investment in human resource can give high rates of return in the future. (ii) A child with investments made on his/her education and health can yield a high return in the future in the form of higher earnings and greater contribution to the society. (iii) Educated parents invest more heavily on the education of their child. This is because they have realised the importance of education for themselves.


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