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Question
What factors contribute to human capital formation?
Options
On-the-Job Training
Migration
Information
All of the above
Solution
All of the above
Explanation:
Human capital formation is the result of investments in education, health, and other areas. The technological sector of transportation and communication.
on-the-job training
The act of obtaining the skills, information, and competencies required to do a specific profession efficiently and effectively is referred to as training. The most successful type of training is on-the-job training to a trainee, giving technical skills and knowledge. expertise on the job site, In this case, training, a trainee is aided (or given direct instruction) and a trainer (typically an experienced trainer) when (employee) the trainee is performing the task job.
Migration
The movement of people from poor or emerging countries to industrialised countries in quest of better opportunities is known as migration. Human capital is formed as a result of migration. because it allows for the use of inactive or a person's underdeveloped abilities The cost of relocation includes transportation costs and the cost of living in migrating locations
Information
The degree of job availability, salary information, and admissions-related information all have a part in determining human capital. The availability of job and admissions-related information not only assists students in making the best decision based on their interests, but also leads to the effective use of human abilities and expertise.
