Question

how much is enough? should we as a society, really be concerned with how great a portion of our economy is focused on healthcare?

Answer 1

Yes, we as a society should be concerned with how great a portion of our economy is focused on healthcare. Providing good healthcare to the citizens of the nation is the basic responsibility of the government. Government should spend a good amount of its Gross Domestic Product (GDP) on health care. This will ensure proper healthcare facilities to the citizens of the nation which is the basic right of all the citizens. This will also help in human capital development which plays a very important role in determining overall productivity of a nation.

Thus, how much a society spends on health care is vital for overall development of a nation.