how does bad public health affect the econoy
Answers
If bad public health means the health of the population as a whole, it includes the workers in the domestic firms and industries as well. So, if the health of the workers are in a bad shape, their productivity will decrease and thus, the output level of the country will decrease as the total output level of the country's domestic firms and industries is decreasing. Due to this, the number of goods (and)(or) services exported from the country will decrease. As a result, the number of exports may become greater than the exports of the country which will lead to a balance of payment deficit. This may cause more outsourcing of jobs to other countries. As a country imports more goods (and)(or) services than it buys domestically, then the home country may create fewer jobs in certain industries. This will decrease the economic growth of the country which will lead the country's standard of living to go higher. As a result, it may push the country to be more of a developing country rather than a developed country.
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