Question
What is the role of health in human capital formation?
Solution
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.
