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Which of the following statements are correct Statement 1: The wealth of a country can be increased with the efforts of a healthy workforce. Statement 2: Investment in the health sector inc -

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Question

Which of the following statements are correct

Statement 1: The wealth of a country can be increased with the efforts of a healthy workforce.

Statement 2: Investment in the health sector increases the efficiency and productivity of a nation's workforce.

Statement 3: In contrast to an unhealthy person, a healthy person can work better with more efficiency and consequently, can contribute relatively more to the GDP of the country

Options

  • Statement 1

  • Statement 2

  • Statement 1, 2 and 3

  • None of the above

MCQ

Solution

Statements 1, 2 and 3

Explanation:

'The greatest wealth is health, as the adage goes. A country's wealth can be increased through the efforts of a healthy workforce. Investment in the health sector boosts a country's workforce's efficiency and productivity. In contrast to a sick person, a healthy person can work more efficiently and hence contribute more to the country's GDP. Health and medical facilities boost not just life expectancy but also quality and standard of living. Investing in the health sector guarantees a healthy workforce.

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Gross and Net Domestic Product (GDP and NDP)
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