NEET BIOLOGY

Detailed explanation-1: -Human capital investment is the amount invested in improving an individual’s skills working in a firm to make them more productive. Education has proven to be one of the most important types of human capital investment.

Detailed explanation-2: -Investing in people through nutrition, health care, quality education, jobs and skills helps develop human capital, and this is key to ending extreme poverty and creating more inclusive societies.

Detailed explanation-3: -Some governments are actively involved in improving human capital by offering higher education to people at no cost. These governments realize that the knowledge people gain through education helps develop an economy and boost economic growth.

Detailed explanation-4: -When we invest in the human capital through education and training, it yields a high return because of higher productivity of more educated people. Investment in human capital can also be made by training of industrial and agricultural workers in the use of modern technology.