Good Economy: The Positive Effects Of Good Health

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The connection between health and economy has been the topic of several studies of which their main goal is to establish the direction of the connection. While it has long been recognized that increased national wealth is associated with improved health, it is only recently that the contribution of better health to economic growth has been recognized. This paper will discuss the effects of good economy on health and of good health on economy.

Effects of good economy on health:

On an individual and family level, health provides the capacity for personal development and economic security. When things are tough, people tend to get worry, stressed and may not be able to access health services or buy medications for treatment. On the other hand, when things are going well financially, people are able to access preventive services to stay healthy. It can then be said that good economic or the right application of economic principles has a positive effect on health of a country’s citizens. Income plays an important role in contributing to health outcomes. In general, the lower one stands on the income grade. The poorer one’s health will be across a number of measures. Having a proper and secured mean of income allows a family to purchase nutritious foods, …show more content…

Good health boosts labor productivity, educational achievement and income, and so reduces poverty. People with greater health not only have fewer sick days at work, but are also more mentally and physically prepared for work. Healthier individuals could reasonably be expected to produce more per hour worked. On the one hand, productivity could increase directly due to enhanced physical and mental activity. Physically and mentally active individuals could also make a better and more efficient use of technology, machinery or equipment. A healthier labor force could also be expected to be more flexible and adaptable to changes in the

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