what is the role of health in human capital formation?
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Following are the role of health in human capital formation: (i)The health of a person helps him to realise his potential and ability to fight illness. (ii)Good health increases the efficiency of a worker. ... (i)Human resource is a primary factor of production as it can make use of land and capital.
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Health plays an important role in human capital formation. A healthy person is more likely to realize his full potential and can become an asset for the economy.
An unhealthy person is less likely to realize his potential and can become a liability for the economy.
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