In: Economics
True/False/Uncertain. Support your Answer
⦁ Income, a socioeconomic determinant of health status, affects health status because it reduces ability to purchase health care but health status can also reduce ability to earn income by reducing productive time.
This state can be said to be true. Income is money which an individual or business receives, usually in exchange for a good or service or through investing capital. Income is used to fund day to day expenses. Having a regular source of income is very important for anyone, not only is it vital for survival but also it helps to create a feeling of security. Health status is an individual's relative level of wellness or illness, taking into account the presence of biological or physiological dysfunction, symptoms, and functional impairment.
There is always a positive relationship between income and health, it means that people with higher income have better health outcomes, this is because wealthier people can afford resources and treatment that protects and improve their health. Income have a huge and drastic affect on an individuals health, the hihhger the income the better it will be for that individual. And it is also true that a healthy person can work more than a person who is not healthy, and this helps to increase his productivity and hence increasing his income, so it is clear that a person who is health physically and mentally can work more and better than a person who is not in a healthy condition.