Human capital

1. H uman Capital

2. Human Capital Human capital is the stock of competencies ,   knowledge , social and personality attributes, including  creativity , embodied in the ability to perform labor  so as to produce   economic value .  

3. H uman C apital F ormatio n It is the process by which a given individual achieves their highest potential and aspirations by integrating and optimizing a combination of ongoing processes such as education, job seeking , employment , skill formation, and personal development.

4. Role of Education in the formation of Human Capital Education is an important input for the growth of an individual. It plays a major role in capital formation, that adds to the productive part of the country. It helps a person to realize his potential and the ability to do a work. Educated people gain through higher incomes. Society also gains through other indirect ways because the advantages of a more educated population spreads to those who themselves are not directly educated .

5. Factors of dropouts Academic difficulty and failure.   Poor attendance, lack of interest   Being held back (retention) Disengagement from school.   Transition to a new school .   Other life factors.   Pregnancy, family problems, and financial difficulties are all factors that distract a student from schoolwork and make keeping up more challenging.

6. Effects of dropouts in the formation of human capita l Education helps in economic growth . Education is acquired from educational institutions like schools , colleges , universities , tutorials etc . If people who are getting knowledge with the help of these institutions dropout and not graduate , they wont be having any form of an official degree which will lead to poverty as they will either be unemployed or will earn very little through physical labor . To form human capital skilled and educated people are required , people invest on education with the objective of future income , if people dropout or are uneducated there will be lack of human capital formation which leads to low econo my of a country .

7. Prevention of Dropouts Counseling. Mentoring. Encouragement . Creative ,interesting and friendly methods of teaching. Providing scholar ships

8. R eferred websites – 1 . WWW . Wikipedia .com 2 . WWW . Wiki answers .com 3 . WWW . Merit nation .com 4 . WWW. Google images .co m

9. T h a n Q ^_^ Done by : Bhuvaneshwari..R..S.