Question

discuss the role of health and education in human capital formation

Answer 1

The role of education in human capital formation are as follows:

1. An educated society facilities better development than an illiterate one.

2. Education provides new aspirations and imports a modern outlook to children.

The role of health in human capital formation are as follows -

1. The health of person increases his/her efficiency to work.

2. Unhealthy person becomes a liability for the country whereas healthy person is an asset for the country.

3. The health of a person makes him or her realise their capacity to work.