In: Economics
Suppose you are working in a national firm that aimed to enhance
the quality of health for poor people. You have two main proposals
; One suggests to raise taxes on rich people and gives more money
to the poor. The other suggests to raise taxes on the rich and
provides more health care, free to patients, through the network of
the national health service.
Which proposal do you think is more likely to meet economic
objectives? Why?
The two objectives are like a see-saw for a nation in terms of economic objectives.
They varies from nation to nation like a developed,developing and undeveloped.
In developed countries it's all about balancing country 's economy and public health.If not so the nation may face economic recession or public health issues.
In developing countries it's all about a game of politics one who arranges both the money and the health service to the needy they make the government to win in the elections.
In undeveloped countries public health is more important than the money because many bacterial and viral infections are seen in now a days.The people In this countries matters more health services than money.
Upon all I go or suggest balancing the both features i.e., raising the taxes of the rich and distribute money to the poor,raising the taxes of the rich and help the poor in terms of health.If both the above said features said to be in equilibrium then the nation goes good and I as a national firm that always hope for the best.