Question

How do health and education contribute to economic development of a country?

Options

• By increasing the productivity of factors of production

• By improving the quality of life of its people

• Both by increasing the productivity of factors of production and by improving the quality of life of its people

• None of these

Answer 1

Both by increasing the productivity of factors of production and by improving the quality of life of its people

Explanation:

Health and education contribute to the economic development of a country by increasing the productivity of factors of production, such as labor. Good health improves workers efficiency and physical capacity, reducing production losses from illness. Education produces skilled and trained workers who can effectively use new techniques and technologies. Additionally, health and education improve the overall quality of life, mental outlook, and social participation of people, which are important for sustainable development. Together, they enhance human capital, which is essential for economic growth and development.