Chartered Accountant (CA) Question:
Explain How is education an investment in human capital?
Answer:
The idea of humans as capital means that humans have a certain worth to a company (or society). Education increases that worth, making individuals more able to contribute to a company (or to society). Therefore, investing in Education... in your employees, for instance, is worthwhile because then your employees increase their value to you, as an employer. In a general sense, society sinvestment in educational programs increases peoples value to society in general.
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