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Economic impact of HIV/AIDS

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HIV/AIDS affects economic growth by reducing the availability of human capital. Without proper prevention, nutrition, health care and medicine that is available in developing countries, large numbers of people are developing AIDS. People living with HIV/AIDS will not only be unable to work, but will also require significant medical care. The forecast is that this will probably cause a collapse of babies and societies in countries with a significant AIDS population.

Economic growthEconomic growthIn economics, economic growth is an increase in the quantity and quality of the economic goods and services that a society produces. It can be measured as the increase in the inflation-adjusted output of an economy in a given year or over a period of time. It focuses on the economic activities of a country.Population declinePopulation declinePopulation decline, also known as depopulation, is a reduction in a humanpopulation size. Earth's total human populationcontinues to grow, as it has done throughout history, but projections suggest this long-term trend may be coming to an end. From antiquity (10th century BCE–500 CE) until the beginning of the Industrial Revolution in early modern Europe (late 18th–early 19th centuries), the global population grew very slowly, at about 0.04% per year.Developing countryDeveloping countryA developing country is a country with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low-and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but they refer only to the economy of the countries.IncomeIncomeIncome is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law.Sick leaveSick leaveSick leave (or paid sick days or sick pay) is paid time off from work that workers can use to stay home to address their health needs without losing pay. It differs from paid vacation time or time off work to deal with personal matters, because sick leave is intended for health-related purposes. Sick leave can include a mental health day and taking time away from work to go to a scheduled doctor's appointment.Prevention of HIV/AIDSPrevention of HIV/AIDSHIV prevention refers to practices that aim to prevent the spread of the human immunodeficiency virus (HIV). HIV prevention practices may be undertaken by individuals to protect their own health and the health of those in their community, or may be instituted by governments and community-based organizations as public health policies.OrphanOrphanAn orphan is a child whose parents have died, are unknown, or have permanently abandoned them. The Shorter Oxford English Dictionary, 3rd edition, defines the term: "One deprived by death of father or mother, or (usu.) of both; a fatherless or motherless child." In some languages, such as Swedish, the term is "parentless" and more ambiguous about whether the parents are dead, unknown or absconded, but typically refers to a child or younger adult.HIV/AIDSHIV/AIDSThe human immunodeficiency virus (HIV) is a retrovirus that attacks the immune system. Without treatment, it can lead to a spectrum of conditions including acquired immunodeficiency syndrome (AIDS). It is a preventable disease. It can be managed with treatment and become a manageable chronic health condition.Human capitalHuman capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process in business or trade. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that investments in human capital generate high economic returns throughout childhood and young adulthood.InvestmentInvestment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows".NutritionNutritionNutrition is the biochemical and physiological process by which an organism uses food and water to support its life. The intake of these substances provides organisms with nutrients (divided into macro- and micro-) which can be metabolized to create energy and chemical structures; too much or too little of an essential nutrient can cause malnutrition. Nutritional science, the study of nutrition as a hard science, typically emphasizes human nutrition.GrandparentGrandparentThe Favorite – Grandfather and Grandson, by Georgios Jakobides (1890)

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