. How Health expenditure is a source of Human Capital Formation
Dear Student,
Health expenditure is a source of human capital formation because a healthy workforce proves to be more productive than an unhealthy one. Therefore, health expenditure increases supply of healthy and efficient labour force and greater productivity and efficiency.
Regards
Health expenditure is a source of human capital formation because a healthy workforce proves to be more productive than an unhealthy one. Therefore, health expenditure increases supply of healthy and efficient labour force and greater productivity and efficiency.
Regards