How do health and wealth influence eachother part 2! Flashcards

(6 cards)

1
Q

What happens when health or wealth is missing(titles only)?

A

Poverty β†’ Poor Health, Illness β†’ Poverty

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2
Q

How does Poverty-Poor Health?

A

Poverty β†’ Poor Health: Lack of clean water, sanitation, proper food, and medical care leads to higher rates of disease.

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3
Q

How does Illness-Poverty?

A

Illness β†’ Poverty: Chronic illness or a health emergency can wipe out a family’s savings, especially where healthcare isn’t free.

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4
Q

What are two real-world examples of health and wealth influencing one another in developing countries?

A

*People fall into poverty because of expensive medical treatments.
*Or they remain unemployed because of untreated health conditions.

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5
Q

What is a real-world examples of health and wealth influencing one another in developed countries?

A

*Longer life expectancy and better quality of life are strongly linked to higher incomes and better social systems.

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6
Q

How is the relationship between health and wealth involved in economics?

A

The relationship between health and wealth is a key part of β€œhuman capital” theory β€” where health is seen as an investment, just like education, that boosts a person’s ability to contribute to the economy.

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