Mention the major component of health in ecnomics
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Health does not mean survival only. This term includes something much more. It involves not only the physical fitness of the individual but also his mental, economic and social well-being.
The role of health in human capital formation or in individuals working life is quite important. Health involves the physical, mental, economic and social well-being of an individual. It not only improves the quality of life of an individual but also adds to the human resource development on which depend the various sectors of national economy. Health covers a wide range of activities including family welfare, population control, drug control, immunization and prevention of food adulteration etc. Only a healthy person can do full justice to his job. Thus it plays a vital role in individuals working life. An unhealthy person is a liability for his family, organization and country. No organization will employ such a person who can not work efficiently because of ill-health.
The role of health in human capital formation or in individuals working life is quite important. Health involves the physical, mental, economic and social well-being of an individual. It not only improves the quality of life of an individual but also adds to the human resource development on which depend the various sectors of national economy. Health covers a wide range of activities including family welfare, population control, drug control, immunization and prevention of food adulteration etc. Only a healthy person can do full justice to his job. Thus it plays a vital role in individuals working life. An unhealthy person is a liability for his family, organization and country. No organization will employ such a person who can not work efficiently because of ill-health.
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