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Question What is the role of health in human capital formation?
The role of health in human capital formation is as follows:
Healthier people have higher productivity because the health of a person helps him to realise his potential and the ability to fight illness. On the other hand, an unhealthy person becomes a liability for an organisation.
It improves the quality of life. A healthy person is able to do his work in a proper and efficient way.
A healthy person makes greater contribution to society as compared to an unhealthy person.
Good health enables a person to earn more and to be more regular in his work.
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