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What is the Role of Health in Human Capital Formation? - Social Science

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प्रश्न

What is the role of health in human capital formation?

संक्षेप में उत्तर

उत्तर

Human capital refers to the stock of skill and productive knowledge embodied in a population. This skill and product knowledge is provided with the help of proper education and training. However, the benefits of education alone do not lead to the creation of human capital.

A human population that is educated but unhealthy cannot realise its potential. An unhealthy population is a liability and not an asset. Hence, health is an indispensable basis for realising one’s well-being.

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अध्याय 2: People as Resource - Exercises [पृष्ठ २७]

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एनसीईआरटी Social Science - Economics [English] Class 9
अध्याय 2 People as Resource
Exercises | Q 4 | पृष्ठ २७
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