Physical and mental health in human capital formation
Health does not only mean survival. It focuses on a person’s physical health as well as his emotional well-being. A person’s ability to comprehend their well-being depends on their health.
The health of early years can have a significant impact on the development of human capital. If children are provided nutritious food, access to healthcare, and an education, then they will have the opportunity to grow up healthy and reach their full potential. Both individuals and the overall growth of society will benefit from this.
What is the role of health in human capital formation?
Excellent health can lead to outstanding performance, so it’s crucial for human capital growth. A healthy individual is likely to realize their full capabilities and make a financial contribution to society. An unhealthy individual cannot reach his full potential; therefore, he may become a liability for an organization and the economy. “Health is wealth,” as the proverb goes, suggests that being healthy increases one’s vitality, productivity, and income.
First, it is important to define human capital production so that we can better comprehend the role that health plays in it. In this article you will find What is the role of health in human capital formation?
Table of Content
- What is human capital formation?
- Sources of Human Capital Formation
- Physical and mental health in human capital formation
- The Role of Health in Human Capital Formation