Assess the role of education and health in human capital formation?
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Education not only raises the standards and quality of living but also encourages modern attitude of people.moreover , education increases the productive capacity of a nation by increasing their skills. Health—- the wealth of a country can be increased with the efforts of healthy workforce. Health directly increases the supply of healthy labour force.
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Explanation:
education plays the important role in human
capital formation bcoz,,education gives certain knowledge
about the thing which we r going to work.also education gives us the skills
which help in our work.thus by the education that we have took helps in doing our job.therefore our job which we do is depended on our education
health is also plays a very important role in human capital formation.
by our health only we are able to live and work,so we should keep our health
heathy...
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