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Is education pure consumption?
Schultz's theory of human capital says that the so-called human capital is the knowledge, skills and demonstrated ability of workers, including human capital and material capital. Human capital is an investment related to population quality, and the investment direction includes 1. Investment in education and training. 2. Investment in health care. Liquid investment, the domestic labor force. 4. Investment in the entry of foreign immigrants, the introduction of intelligence and the absorption of international talents. 5. Enterprise investment. Education investment is the most important part of human capital. Moreover, the income of human investment is greater than that of material investment. The relationship between education and economy lies in that education promotes economic development, and the way is to reproduce the labor force through education and transform the potential labor force into the real labor force. Education reproduces new technology. But the economy has a binding effect on education. . .

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