What is the Role of Health in Human Capital Formation
Health and Human Capital Formation: What is the Role? A person's health is a key factor in their ability to earn an income and contribute to society. Poor health can lead to a loss of human capital, which can have a negative impact on economic growth. In order to ensure that everyone has the opportunity to achieve their full potential, it is important to invest in health and human capital. 1. What is human capital? Human capital is the collective term for the knowledge, skills, and creativity that employees bring to their jobs. It is an important factor in economic growth, and its importance is increasing as technology becomes more important in the economy. Human capital can be enhanced through education and training. 2. What is the role of health in human capital formation? Health is an important factor in human capital formation . Good health allows people to work and learn more effectively. In addition, healthy people are more likely to be productive and contribute to economi
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