Relationship between Human Capital, Education, Health and the Economic Development

Relationship between Human Capital, Education, Health and the Economic Development Introduction The economic growth in general terms has three objectives which are economic development; social equity, and environmental conservation. Economic development means the well being of the people and elimination of poverty. The social equality contains access to basic needs such as health, education; human security and rights; gender equity; and distribution of benefits and access to resources in the certain country. Environmental conservation is …

…successful in school and a successful performance in school can positively affect their future income. If parents ensure that their children have a high probability of reaching adulthood, in general they have fewer children and they are able to invest more in health and education for each of them. In addition to this the loss of health influences the productivity. When they become ill they have fewer alternative solutions and suffer because of the consequences.