Trace the relationship between human capital and economic growth
Asked by admin @ in Economy viewed by 316 People
Trace the relationship between human capital and economic growth.
Answered by admin @
✷ There is a positive relationship between human capital and economic growth .
★ Human capital formation raises the process of economic growth which leads for growth of capital formation .
★ If we want to increase economic growth then we must have to increase our human capital .
★ An Unhealthy or uneducated labour cannot add much value of economic growth .
★ We must have to make people educate, about health and skills in order to accelerate our economic growth .
★ It also contribute to information and more participation of people .
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