What is the role of education …

The role of education in human capital formation is as follows:

1. Educated people earn more than the uneducated people.
2. Literate population is an asset to an economy.
3. It leads to higher productivity.
4. It opens new avenues for a person.
5. It provides new aspirations and develops values of life. if) It contributes to the growth of society.
6. It enhances the national income, cultural richness and the efficiency of the governance.

The role of education in human capital formation are as follows:

1. An educated society facilitate better development program than an illiterate one.
2. Education improves productivity and prosperity, and also improve enriched life experience.
3. It does not only contribute towards the growth of the people but also the development of society as a whole.
4. Education increases national income and other cultural richness.