What is the Role of Education in Human Capital Formation ?

Answer :

A. An educated society facilitates a better development program than an illiterate one.

B. It does not only contribute towards the growth of the people but also the development of society as a whole.

C. Education increases income and other cultural richness of human capital.

D. Education improves productivity and prosperity and also improves the standard of living.

Correct Answer: A. An educated society facilitates a better development program than an illiterate one.

Explanation:-

Knowledge is the ultimate game-changer in the journey of humanity's progress! Whether it's through the melodies of music, the wisdom within books, the inspiration of movies, or the enlightening power of lectures, education is the fuel propelling us forward. It's a proven fact: ventures led by the educated and skilled yield far greater results than those initiated by the untrained. That's why the income of the skilled surpasses that of the unskilled, and their impact on the nation's economy is nothing short of monumental. Invest in knowledge, and watch the world flourish.

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