In: Economics
What is the approximate difference in life expectancy for people born in rich nations versus people born in poor ones?
Life Expectancy in Rich Nations | Life Expectancy in Poor Nations | |
Health Services | Rich countries have improved Health services when compared to poor nations. | Poor countries have Health services which aren't as good when compared to Rich nations. |
Mortality Rate | The mortality rate in rich countries is comparatively lower. | The mortality rate in poor countries is comparatively higher. |
Longetivity | In rich countries there is higher longetivity of life expectancy. | In poor countries the longetivity of life expectancy is comparatively lesser. |
Infant Deaths | In rich nations there better nutritional intake which leads to a health born infant who lives longer. | In poor countries the nutritional intake is comparatively lesser because of poverty which leads to higher infant deaths. |
Externality Effect | Higher income does not always mean higher life expectancy. Because the determinants of growth in rich countries may lead to negative externalities which affects the live expectancy. | Lower income does not always mean lower life expectancy. Because the amount of negative externalitites is comparatively lower. |