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The Impacts of Health on Economic Growth - Online Term Paper

The Impacts of Health on Economic Growth

The Impacts of Health on Economic Growth


Health is an umbrella word that is used to tell if someone is in a state of complete physical, mental, and social well- being. There are many studies that are done and many journal articles that are written on the topic of health, and almost all of the studies and findings show that health is highly dependent on income. These past studies indicate that poor health is the product of poverty and low income.
It is true that when compared to poor people, wealthier people are better off on many dimensions. Wealthier people can afford gym memberships, better doctors, and healthier neighborhoods with more outdoor parks and less pollution, and to ...

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to our health. Finally, when we realize we need to get the care, it will be too late for us and can result in dying from curable and preventable diseases. Sadly, there is a chance we can spend our years of saving our hard-earned money on a single night at the hospital bed. Unexpected health care costs can leave us with debt and chances are, we may find ourselves bankrupt. This indicates that income alone does not bring sustainability to our health and economy, and so, the impacts of good health need to be discussed more.
In my literature review I will examine the impacts of health on economic growth and the importance of good health to increase productivity, income, and wealth.

The Impacts of Health on Economic Growth

Health and Productivity

Prior studies show that richer nations generally have better overall health conditions than do poorer nations, and they come to this conclusion for the simple fact that richer countries can afford to spend more on health care. But ...

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The Impacts of Health on Economic Growth. (2021, August 6). Retrieved March 28, 2024, from http://www.essayworld.com/essays/The-Impacts-of-Health-Economic-Growth/107752
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"The Impacts of Health on Economic Growth." Essayworld.com. August 6, 2021. Accessed March 28, 2024. http://www.essayworld.com/essays/The-Impacts-of-Health-Economic-Growth/107752.
"The Impacts of Health on Economic Growth." Essayworld.com. August 6, 2021. Accessed March 28, 2024. http://www.essayworld.com/essays/The-Impacts-of-Health-Economic-Growth/107752.
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PAPER DETAILS
Added: 8/6/2021 11:55:51 PM
Submitted By: at2124wa
Category: Economics
Type: Premium Paper
Words: 1047
Pages: 4

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