An empirical study on human capital development and how education plays a vital role in it

The structural development of a nation includes development of people and the organization of Human resources in its core. The traditional elements of growth like capital, natural resources, foreign aid and international trade, etc. they does play part but men's power ultimately derive optimum utilization from them. All studies in this field recognize the importance of human capital factor. This paper presents a generalized concept of human as capital and how education plays an important role for its development.