Human Capital Approach


Human Capital Approach :

An approach based on human capital theory that focuses on the centrality of human beings in the production and consumption system. The human capital approach model includes both direct and indirect costs to individuals and society as a whole due to road traf?c injuries. Such costs include emergency treatment, initial medical costs, rehabilitation costs, long-term care and treatment, insurance administration expenses, legal costs, workplace costs, lost productivity, property damage, travel delay, psychosocial impact and loss of functional capacity

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