How does increased government spending on child vaccination contribute to welfare?
Answer and explanation
Correct answer: By preventing disease and improving health
The governing concept is that welfare includes health and social benefits, not merely measured market output. Vaccination lowers the probability of infectious disease, severe illness and premature death, while improving children's ability to attend school and participate in life. Therefore, increased vaccination spending can raise welfare through better health and prevention. Options A, B and C do not describe the direct welfare benefit; they are financing or unrelated effects.
Frequently asked questions
What is the correct answer to this question?
By preventing disease and improving health
Why is this the correct answer?
The governing concept is that welfare includes health and social benefits, not merely measured market output. Vaccination lowers the probability of infectious disease, severe illness and premature death, while improving children's ability to attend school and participate in life. Therefore, increased vaccination spending can raise welfare through better health and prevention. Options A, B and C do not describe the direct welfare benefit; they are financing or unrelated effects.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
