Lack of investment in strong education and health care systems

Question

Quizplus · Accepted Answer

Investing in education and health care systems helps improve human capital, resulting in a more skilled and healthy workforce. A lack of such investments leads to a deterioration in human capital, which then lowers labour productivity as individuals are less able to contribute effectively to the economy. It doesn't necessarily have an impact on physical capital or the enforcement of the rule of law.

Lack of Investment in Strong Education and Health Care Systems