Question

Which country has the largest health care spending per capita in the industrial world?

1) United States
2) Canada
3) Germany
4) Japan

Answer 1

The United States has the highest health care spending per capita among industrialized nations, despite dealing with worse health outcomes like higher infant mortality and shorter life expectancy.

Step-by-step explanation:

The United States has the largest health care spending per capita in the industrial world. According to a 2010 OECD study and additional reports, U.S. health care spending is considerably higher than that of other countries. Health care spending in the U.S. accounts for 17% of its GDP as of 2019, which is far more than the average 11% GDP spending by comparable countries. Despite this high expenditure, the United States faces challenges with adverse selection and moral hazard in health care, which contributes to less favorable outcomes such as a higher infant mortality rate and shorter life expectancy compared to other developed nations.