what is the role of health in Human capital formation
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Answers
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Health plays an important role in human capital formation for the following reasons (i) Only a healthy person can perform to his full potential. ... (iii) A healthy person can contribute to the growth and development of the economy by doing productive work. (iv) An unhealthy person becomes a liability for an organization.
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Health plays a vital role in human capital formation. When there are some unskilled employees, who are to be used as a human resource, they can be provided with some tools, which require a little knowledge, but that shall be of a repeating task.While human capital formation, the process of the capitalization gets formed which increases simultaneously the optimum utilization of human, who are capable of providing services or production work of products.