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- As regards the issue of rapidly-growing population, the human capital development strategist must
give closer attention to population problems and make suggestions on population control measures.
- The case of mounting unemployment, may be contained by considering ways and means of absorbing surplus
manpower and directing it into productive activities. This may be achieved by diversifying
investments, for example investing in rural development and building modern industries,
Following the problem experienced in measuring the actual contribution of human capital to national
development, the method involving the estimation of production costs of the labour force, in terms of the returns on the original investment incurred in educating the relevant proportion of the labour force.
- On the problem associated with incentives, the human capital development planner must consider
deliberate measures to influence the allocation of manpower into high-priority activities and occupations.
Such measures may include scholarship support for particular kinds of education, removal of barriers inhibiting people to progress in the occupation, and in some cases outright compulsion.
- The urgent need in the area of human capital development, calls for urgent attention to the problems that may frustrate it. The above suggestions may therefore constitute a step towards effective resolution of the problems.
raphael answered the question on August 4, 2021 at 07:13
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