THE ROLE OF INVESTMENT IN HUMAN CAPITAL: EDUCATION AND HEALTH CARE
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This article examines the economic and social significance of investing in human capital, particularly through education and healthcare, and its impact on sustainable economic development, social equity, and long-term national competitiveness. The study highlights how strengthening the components of human capital enhances individuals’ labor productivity, cognitive abilities, and innovative capacity. The article analyzes both micro-level and macro-level outcomes of investments in education and healthcare, including income growth, employment rates, poverty reduction, and technological advancement. It also addresses the importance of efficient allocation, quality, and equity of investments, as well as the role of digital technologies in expanding the reach and effectiveness of human capital development initiatives.
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References
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