Amartya Sen, a professor of economics at Harvard and a Nobel Laureate, has argued: "For India to match China in its range of manufacturing capacity... it needs a better-educated and healthier labor force at all levels of society." Source: Amartya Sen, "Why India Trails China," Wall Street Journal, June 19, 2013. Education and health care are important for economic growth because:.

a well-educated and healthy workforce has higher productivity

Explanation:

According to Amartya Sen in "Why India Trails China," Wall Street Journal, June 19, 2013.

He argued: "For India to match China in its range of manufacturing capacity... it needs a better-educated and healthier labor force at all levels of society."

Education and health care are important for economic growth because: a well-educated and healthy workforce has higher productivity.

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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