Question

Explain the role of affordable healthcare facilities in promoting human capital in a country. 

Answer 1

• 'The greatest wealth is health,' goes a proverb. The efforts of a healthy workforce can boost the nation's success. Investing in the health sector boosts a country's workforce's productivity and efficiency.
• A healthy individual can work more effectively and, as a result, contribute comparatively more to a nation's GDP than an unwell individual. In addition to extending life expectancy, good health and medical facilities help raise living standards and quality.
• The long-term quality and condition of living are guaranteed by investments in the health sector. Therefore, if medical facilities are reasonably priced, the nation's human capital formation will be encouraged.