capital formation

What Is Role Of Human Capital Formation?

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What Is Role Of Human Capital Formation? The process of human capital formation is responsible for economic and human development of the individuals, society and of any country. Human capital formation increases the economic prosperity of the individual by generating more job opportunities. The economic prosperity brings social equality in a society. What is the

What Is Capital Formation And Why Is It Important?

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What Is Capital Formation And Why Is It Important? Capital is the most important factor of production particularly in a developing economy. Capital Formation is defined as that part of country’s current output and imports which is not consumed or exported during the accounting period, but is set aside as an addition to its stock