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What is the role of health in human capital formation?


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.

(iii)Good health increases the learning capacity of a worker.

(iv)Health does not mean survival only. It involves not only the physical fitness of the individual but also his mental.

(v)Health is an indispensable basis for realising one's well being.
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What do you understand by ‘people as resource’?


How is human resources different from other resources like land and physical capital?


What part does health play in the individual's working life?


What is the role of education in human capital formation?


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