Human capital formation One shot | Class 12 indian economic development | Economics Board exam 2023

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Human capital formation One shot | Class 12 indian economic development | Economics Board exam 2023

[noobislive]

HUMAN CAPITAL FORMATION :-
MEANING - IT IS A INTANGIBLE ASSET OR QUALITY WHICH IS NOT SHOWN IN COMPANY BALANCE SHEET

SOURCES OF HUMAN FORMATION --
1-EXPENDITURE ON EDUCATION
2-EXPENDITURE HEALTH
3- ON THE JOB TRAINING
4-EXPENDITURE ON MIGRATION
5-EXPENDITURE ON INFORMATION

REGULATORY AUTHORITY IN EDUCATION -:

NCERT - national council of education research and training
UGC- University Grant commision
NTA - national testing agency (CUET)
AICTE -all India council of technical education
MCI - medical council Of India

REGULATORY OF HEALTH -
ICMR - indan council of medical research

IMPORTANCE OF HUMAN CAPITAL FORMATION -:
1- Raise Efficiency And productivity In physical capital
2- Bring positive changes in work
environment
3-control human population
4- higher income and standard for living
5-innovations, invention, and technological advancement
6-Equity and participation in the society

PROBLEMS IN HUMAN CAPITAL -
- poverty
-more population
-poor performance of govt. School
-lack of resources
-lack of girls education
-brain drain
-less expenses on research and development

EDUCATIONAL SECTOR IN INDIA -
• GOVT. SHOULD SPEND MORE ON EDUCATION
•PROMOTE GIRLS EDUCATION
•REGULATE GOVERNMENT SCHOOL

[nainashukla]

Sources
1.Expenditure on education
2. expenditure on health
3.On the job training
4.expenditure on migration
5. Expenditure on information

[muskanyadav]

Raise efficiency and productivity of physical capital
Raise equity and participation in society
Control population growth
Invention innovation and technology advancement
Bring positivity in working environment
Higher income and standard of living

[Islamic_zone_]

Last revision because today my board exam

[NandaniBhadouriya-mf]

Kiska kiska exam 18/03/ 2024 ko hai attendance here 👇mark attendance for your good score 😊

[dollydewani]

Human capital means it an intangible assets which is not shown in balance sheet of company
physical capital means plant and machinery
sources of human capital formation
1. expenditure on education
2. expenditure on health
3. expenditure on information
4. on the job training
5. migration
Importance of human capital formation
1. Raise efficiency
2. involves innnovative ideas
3. higher productivity of physical capital
4. higher rate of partcipation and equality
Problem
1. Brain drain
2. Insufficient Resources
3. Poverty
4. Raise population
5. Low academic standard
Education
Govt. spend 2%Cess on education
And GDP 4.13 %

[KrishnaGoel-fsiv]

4 Dec ko paper ha to like karo Varna fali ho jauga

[aaryava]

Sir, I need to admit that your 10 minutes series is helping a lot.

[anushkagill]

Exam se ek din phle pdhne wale attendance lagaye☺😅

[DeepakYadav-bpdk]

Sir i request you to please make a series on important chapters wise questions....

[nainashukla]

Importantce
1.control on population
2.rising efficiency and production of physical capital
3.inovative, inventions
4.higher level of income improve standard of living
5. Positive environment
rising equity or society

[ujjwal]

I Suggest All my Juniors To Blindly Follow Sunil Sir Because He is the Best Teacher I Ever have❤️💫....Mujhe Ydd h Pichle Session mein Sir Ki Tabiyat Kafi Kharam ho gyi thi Gale mein Problem ho gyi thi fir bhi Unhone Hm Sbko Baki Teacher se jada Dedication k Sath Best Out of Best Containt Provide kia❣️💫....From Him I make A Beautiful journey from 52% in Class 11 to 86% in Class 12❤️❤️❤️

[Memesfactory]

Importance or role of human capital formation:
1. Raise efficiency and productivity of physical capital
2. Raise equity and participation in society
3. Bring positive change in work environment
4. Higher income and standard of living
5. Control population growth
6. Innovation, invention and technological advancements

[jemsjugli]

18 ko exam dne wle like kare wrna fail hojaoge😢

[mcuxdcarmy]

Sources of human capital formation
Expenditure on education
Expenditure on health
On the job training
Expenditure on migration
Expenditure on information

[charuljain]

Role of HCF
Raise efficiency and productivity of physical capital
Bring positive change in work environment
Raise equity and participation in the society
Inventions, innovation and technological advancement
Control population growth
Higher income and standard of living

[Aman.]

role or importance of hcf = raise efficiency for physical capital control populatoin growth

[Aman.]

sources of hcf = 1 Expenditure of education 2 expenditure on health 3 on the job training 4 expenditure on migration 5 expenditure on information

[ansharya]

sources of human capital formation are:-
1) EXPENDITURE ON EDUCATION
2) EXPENDITURE ON HEALTH
3) ON THE JOB TRAINING
4) EXPENDITURE ON MIGRATION
5) EXPENDITURE ON INFORMATION.

[rahulsoni]

Human Capital is an intangible asset which is not recorded in company balance sheet.
It can't be separated from the owner.
It is impossible to buy a human capital.
Sources of Human Capital Formation
1-Expenditure on education
2- Expenditure on Health
3-On the job training
4- Expenditure on Migration
5- Expenditure on information
Importance of Human Capital Formation
1-Raise the national income of country
2-Helps in controlling population growth
3 - Raises the Standard of living in the society
4- Raises the Health of people
5- Promotes cultural and moral values in the society.
Regulation of Education
1- NCERT - National Council of Education Research and Training
2- AICTE- All India Council of Technical Education
3-UGC- University Grants Commission