Question | Why government expenditure on tertiary education is important? |
Chapter | Human Capital Formation |
Class | Class 12 |
Subject | Economics (Indian Economic Development) |
Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Question – Why government expenditure on tertiary education is important?
Answer –
Government is not spending adequate amount on tertiary sector education.However, ‘expenditure per student’ in tertiary education is higher than elementary education ,we should not shift the resources from tertiary to elementary but we should try to increase the expenditure on all the levels of education.
Related Questions
- Briefly discuss the meaning of human capital
- How does expenditure on information act as a source of human capital formation
- “Human Capital Formation gives birth to innovation, invention and technological improvements. Do you agree with the given statement? Support your answer with valid arguments.
- Discuss the concept of physical capital
- “Higher productivity and production is the result of investment in human resources.” Do you agree with this statement?
- How does education contribute to economic growth
- What is meant by human capital formation? State its various sources.
- Why government expenditure on tertiary education is important
- How does human capital create both private and social benefits
- How does expenditure on migration act as a source of human capital formation
- Explain how does investment in human capital contribute to growth of an economy
- Discuss the need for on-the-job training for a employees