Developed V. Developing
Developing Nations
Limited Resources
Restricted amounts of inputs required by a business or economy such as motivated staff, finances, production facilities and raw materials
Low Income
Not having or earning much money
Inequality
Economic inequalities are most obviously shown by people’s different positions within the economic distribution - income, pay, wealth.
Poor Health
he general condition of the body or mind with reference to soundness and vigor
Inadequate Education
lacking the requisite qualities or resources to meet a task
Developed Nations
Infrastructure
the term for the basic physical systems of a business or nation —transportation, communication, sewage, water and electric systems.
High Income
is defined by the World Bank as a country with a gross national income per capita US$12,236 or more in 2016, calculated using the Atlas method
Good Health
Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare
Education
the financing and provision of education, and the comparative efficiency of various educational programs and policies.
Limited Resources
Restricted amounts of inputs required by a business or economy such as motivated staff, finances, production facilities and raw materials