Reasons for manpower training in LDCS
- Labour is the major factor of production' and it is the one which determines the rate of economic and social development in the economy.
- Human beings are active factors of production responsible for accumulation of capital, exploitation of natural resources, construction of infrastructure etc.
- Education is the only agent capable of transforming society from a traditional one to a modern one.
- Through man power training, economic growth can be increased because the existence of human capital facilities, the exploitation of natural resources.
- It increases the supply of skilled man power which increases the productivity of the economy.
- Education helps in promoting national philosophies.
- It helps a country to utilise its resources more efficiently.