What is the Role of Health in Human Capital Formation?

Role of Health in Human Capital Formation

Health plays a key role in a person’s performance, as good health can result in a good performance. Good health is when your physical, mental, and social well-being is good. Thus, you don’t have any disease or medical condition. In such a state, you can:

• Perform your duties well and work at your full potential.
• Contribute to the development and growth of the economy.
• Become an asset to your organization.
• Your efficiency naturally increases with good health, positively affecting your productivity.
• Good physical health equals good mental health, which is the most significant factor in the happiness quotient of an employee.
• If an employee is mentally relaxed and happy, they will put extra effort into their work.
• Poor health can lead to significant medical expenses and loss of income due to illness.

Summary:

What is the Role of Health in Human Capital Formation?

The Role of Health in Human Capital Formation is crucial as individuals who are healthy have a higher potential for success and are capable of giving their best efforts. Good health enables a person to perform efficiently at work and use their full potential. This is because an unhealthy person will not be able to deliver good results and will eventually become a liability to any organization.

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