Question

Is there a relationship between health spending and the development level of the countries? Explain this relationship by comparing the level of development and health spending of countries.

Answer 1

Yes, there is a direct relationship between health expenditure and development level of countries because when there is focus on to the expenditure on the health facilities of the countries, than the population of the countries is having the access to better health facilities of the world and their getting treated adequately so that they can contribute the maximum to the economic development of the nation.

There is a complete direct relationship between health facilities in a country along with the economic development of a country so when there is a high level of economic development in a country, there would be better health facilities and those countries who do not have a better health facility will not be having a better growth in the overall economy because they would be dealing with the problems of the health of its citizens rather than focusing on to the overall economic wealth maximization.

To name of few, various countries like United States, Italy, Canada has transformed in terms of their health related facilities and those countries mostly from African subcontinent and Asian subcontinent aree not able to grow much because of having a problem associated with their health facility because they do not have adequate health facilities to develop themselves and contribute to the economic growth.