Question : Which of the following is an example of human capital investment in health?
Option 1: Building new hospitals
Option 2: Purchasing medical equipment
Option 3: Funding healthcare research
Option 4: Providing public health awareness campaigns
Correct Answer: Funding healthcare research
Solution : The answer is (c) Funding healthcare research.
Human capital investment in health refers to the resources that are used to improve the health of the population. This can include investments in education, healthcare, and public health.
Of the options listed, only funding healthcare research is an investment in human capital. Building new hospitals and purchasing medical equipment are investments in physical capital, while providing public health awareness campaigns is an investment in social capital.
Healthcare research can lead to new treatments and cures for diseases, which can improve the health of the population. For example, research into cancer has led to the development of new drugs that have helped to save millions of lives.
Investing in healthcare research is a long-term investment, but it can have a significant impact on the health of the population. By funding healthcare research, we can help to create a healthier future for everyone.
