Question

explain the importance of education and health in human capital

Answer 1

The  health of population in human capital formation. if a population is nothealthy enough to work and earn, the society will remain backward. .The educated people will invest on their child's health and education, thus building a better future for the nation.

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Answer 2

When the existing human resource is further developed by becoming more educated and healthy ,we call it human resource capital formation that adds to the productivity power of the century Just like physical capital formation. The educated and the healthier people gain through higher incomes, society also gains in other indirect ways because the advantages of a more educated or healthier population spreads to those also who themselves were not directly educated or given health care.