Market Failure
Achievement Standard 91402
Credits 5
Demonstrate understanding of Government
Interventions to correct Market failures
“The Issue of Obesity in New Zealand.”
AGENDA
A. What is obesity?
B. The issue of obesity in New Zealand
C. The obesity issue vs Market Failure
D. Government interventions to correct the Market failure.
E. Conclusion
F. Conferences
PART A. What is obesity?
Obesity is a medical condition which excess body fat has accumulative to the extent that it may have an adverse effect on health. People are considered obese when their body mass index (BMI).
BMI = mass (kg) / height (m) 2
BMI ≥ 35 or 40 is severe obesity
BMI ≥ 40 or 44 is morbid obesity (or ≥35 & experiencing obesity-related health conditions.)
BMI ≥ 45 or 50 is super obesity
There are many dangerous diseases that related to obesity such as cancer, high blood pressure, diabetes mellitus type 2, heart disease, lipid problems, hypertension, dementia, etc.
On average, obesity reduces life expectancy by six to seven years. A BMI of 30-35 kg/m2 reduces life expectancy by two to four years, while BMI > 40kg/m2 reduces life expectancy by ten years.
PART B: Obesity issue in New Zealand.
Source: Wikipedia
According to World Health Organization’s data of 2007, New Zealand has 68.4% of prevalence of overweight people. This is the second position in the chart above.
Obesity comes mainly from food sources. Unhealthy foods appear everywhere nowadays and they tend to be cheaper. Sugar is one of the important ingredients in these foods. According to advertise expert, “fast food, chocolate, sugar companies have an enormous influences on behavior by advertising”. (Source: Internet)
Percentage of obese New Zealanders, 1982 - 1997
The graph above shows a great increase of percentage (55%)
Credits 5
Demonstrate understanding of Government
Interventions to correct Market failures
“The Issue of Obesity in New Zealand.”
AGENDA
A. What is obesity?
B. The issue of obesity in New Zealand
C. The obesity issue vs Market Failure
D. Government interventions to correct the Market failure.
E. Conclusion
F. Conferences
PART A. What is obesity?
Obesity is a medical condition which excess body fat has accumulative to the extent that it may have an adverse effect on health. People are considered obese when their body mass index (BMI).
BMI = mass (kg) / height (m) 2
BMI ≥ 35 or 40 is severe obesity
BMI ≥ 40 or 44 is morbid obesity (or ≥35 & experiencing obesity-related health conditions.)
BMI ≥ 45 or 50 is super obesity
There are many dangerous diseases that related to obesity such as cancer, high blood pressure, diabetes mellitus type 2, heart disease, lipid problems, hypertension, dementia, etc.
On average, obesity reduces life expectancy by six to seven years. A BMI of 30-35 kg/m2 reduces life expectancy by two to four years, while BMI > 40kg/m2 reduces life expectancy by ten years.
PART B: Obesity issue in New Zealand.
Source: Wikipedia
According to World Health Organization’s data of 2007, New Zealand has 68.4% of prevalence of overweight people. This is the second position in the chart above.
Obesity comes mainly from food sources. Unhealthy foods appear everywhere nowadays and they tend to be cheaper. Sugar is one of the important ingredients in these foods. According to advertise expert, “fast food, chocolate, sugar companies have an enormous influences on behavior by advertising”. (Source: Internet)
Percentage of obese New Zealanders, 1982 - 1997
The graph above shows a great increase of percentage (55%)