A Comprehensive Analysis of Health and Wealth Interconnections

Verified

Added on  2023/01/06

|6
|1463
|29
Essay
AI Summary
This essay delves into the intricate relationship between health and wealth, examining how they mutually influence each other. It begins by defining health as encompassing physical, mental, and emotional well-being, and wealth as financial prosperity enabling individuals to meet their needs and aspirations. The essay highlights that good health is crucial for wealth creation, as it enables individuals to work and earn, while wealth provides resources for maintaining good health through access to healthcare, nutritious food, and a healthy lifestyle. The essay references various studies and research to support its arguments, including analyses of income levels and life expectancy, and the impact of education and childhood habits on health and wealth. The conclusion emphasizes that health and wealth are interconnected and vital for a happy and fulfilling life.
Document Page
Assessment
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................4
CONCLUSION .....................................................................................................................5
REFERNCES...................................................................................................................................6
Document Page
INTRODUCTION
Here in this assessment the topic going to be discuss is relationship between health and
wealth, that how health and wealth effect each other, the health of individual is all over the
mental, physical wellness of the person, a person can be known as healthy if they posses
physically fit body, strong immune system, stress free, mentally strong and physically and
mentally active.(O’Neill, 2016) Wealth is known as the good financial condition in which
individual can fulfil all the needs and dreams, e.g. are dream home, car, personal requirements,
educational, health-care, social value.
Relationship between health and wealth
Health is more crucial then all other dreams and desire as it effect every aspects of life,
healthy means accurate functioning of body includes continues running of all body systems,
mental active, physically fit, emotional active, socially active, if we manage our health by using
all important component of being healthy, then it leads us towards the Happiness and wealth but
it require efforts. (Gachanja, Kinyanjui, 2016)
Component essential for maintaining the health are good life style that is regular exercise,
drinking enough water, nutritional diet, sleep in right time, external environment also effects the
health so it need to take proper safety measures.
wealth
happiness
health
Document Page
health and wealth shows vice versa, to become wealthy it is necessary to be healthy
because if an individual get ill not able to perform any activity then he/she can't go for work and
without doing any job or businesses be cant get wealth, so health is primary which has to be
good, for example if some one is suffering from kidney infection or from cancer in the last stage
of it then money cant do anything to save because some health problems are chronic and
permanent so it need to take all precaution by maintaining health to prevent these kind of
problem. (Gilberto, 2020) Wealth is name,fame and money, individual can be known as wealthy
who's having all resources, helps to live good life, wealth have positive as well as negative effect
on health depends on individual way of using it. For example if a rich person use their money
for bad habits then it will cause health issues, and if some one is just focus on achievement of
wealth by avoiding the health badly effect the health. wealth related to the improvement of
health, for good health it require to maintain hygiene, have nutritional food, and for that we need
money, money is use for to buy all the assets of life, for hygiene maintaining products, for
balance diet, for clean accommodation, personal needs clothes etc. absence of wealth directly
effects the mental health, because if we will not be able to fulfil are needs then it cause mental as
well as physical illness, unbalance diet cause malnutrition and then stress of all these staff cause
hypertension and may more brain disease.
On the basis of some research journal it has been found that high class people is awaited
to live longer than lower class people. For example it has been analyse that a person who's
having income in top 6% is live more than the individual comes below the 6%(Gillen, 2019) .
Increasing in wealth improve health by fulfilling all the requirements of good health.
Then just opposite to it pathetic health effect the wealth by reducing the time of work reduce
income, and increase the medical cost, so the first priority should be health then wealth for more
happy and healthy life. Some cornice disease have worst effect on life, such as HIV, cancer,
diabetes, TV. These are the life threatening disease, complete savings of an individual live get
invested for the treatment of these health problem, the health issues reduce work productivity.
In James P. smith made calculations using data form (PSID). The calculation conclusion
is based on the data form, United States of America. Serve is done by constructing a table on the
basis of different age group and 3 different year , where he represented relationship between
health and wealth. He analysed that superior health shows 78% more income in comparison to
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
poor health. Wealth is also related to education, graduates of a year earned more income than
school dropouts.
On the basis of smith, variations in health lead changes in wealth for example between
those who are in age group of 36-45 found that because of the good health form 11 years normal
earning almost increased from $110 000, opposite to that earning of those who reported poor
health income was decreased less than $ 100 000. so the conclusion is that good health increase
income. (Voronca, 2018) There are some more factors effects the health and increase health risk
are, unhygienic food, smoking, alcohol consumption, drugs etc. these element are ordinary in
lower economic group. Marnout has found that the smoking and alcohol consumption is hinger
in lower income ,uneducated background, it has been analysed that 45% of uneducated men had
smoking and alcohol habit's, from graduates only 14% men smoked.
Smith did survey by using HRS data technique in which he utilized some variables,
parental health education, wealth and health during childhood. He analysed that education is
related to self management which which helps in maintaining hygiene, through different
guidance about health. Smith in his report involved diabetic patient and grouped them according
to their education/degree conclusion was that people who did higher education is more aware
about the self health management. Education plays important role in creating health awareness,
aid people to know and understand the causes and treatment of particular health problem.
Childhood habit's also effects the future health and the mother health during pregnancy effects
the future health of fetus. For example improper nutrition, oxygen leads to the decries in the
weight of baby and during childhood bad habit's of junk food, unhygienic, lake of physical
activities can future health-care issues. (Kiechle, 2019) Another most effecting element for
health and wealth is stress.
CONCLUSION
All over the study conclude that health and wealth are vice versa, health is essential to maintain
happy life with wealth, health comes first in every situation, health and wealth help each other to
make happy life. It is important to take care of health so that healthy body can contribute
towards the wealth.
Document Page
REFERENCE
Books & Journal:
Gachanja, Kinyanjui, 2016. Household Poverty Determinants in Kenya: A Demographic and
Health Survey Wealth Index Approach.Journal of Pan African Studies. 9(3).
Gilberto, 2020. Personality, Health, Wealth, and Subjective Well-Being: Testing a Integrative
Model with Retired and Working Older Adults. Journal of Research in Personality,
p.103959.
Gillen, 2019. Health Literacy and Difference in Current Wealth Among Middle-Aged and Older
Adults. Journal of Family and Economic Issues, pp.1-19.
Kiechle, 2019. “Health is Wealth”: Valuing Health in the Nineteenth-Century United States.
Journal of Social History.
O’Neill, 2016. Propensity to plan: A key to health and wealth. Journal of Financial Planning.
29(3). pp.42-50.
Rao, 2020. Biofortified crops for “health and wealth”, but for whom? A gendered analysis of
sweet potato promotion in Tanzania. Canadian Journal of Development Studies/Revue
canadienne d'études du développement. 41(2). pp.314-332.
Thompson, 2016. Health shocks and social drift: examining the relationship between acute
illness and family wealth. RSF: The Russell Sage Foundation Journal of the Social
Sciences. 2(6). pp.153-171.
Voronca, 2018. Relationship between empowerment and wealth: trends and predictors in Kenya
between 2003 and 2008–2009. International journal of public health. 63(5). pp.641-649.
chevron_up_icon
1 out of 6
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]