Health is one of the most critical factors in human capital formation. It enhances individual productivity, improves quality of life, and contributes to the overall development of a nation. In this blog, we will explore how health plays a pivotal role in shaping human capital and fostering economic growth.
What is Human Capital Formation?
Human capital formation refers to the process of improving the knowledge, skills, and health of individuals, enabling them to contribute effectively to economic activities. It is achieved through education, training, and healthcare services. A healthy population is a fundamental element of this process.
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