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.
Summary:
What is the Role of Health in Human Capital Formation?
Since healthy people have greater potential for success and can give their best efforts, health plays a crucial part in developing human capital. The logic is simple. 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 organisation.
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