At the event, Mr Gates held up one of the vaccines to show how small a treatment is.
This is the oral polio vaccine. Thats 10 doses and this thing costs $1.30, so 13 cents per kid , said Gates.
In , the Bill Melinda Gates Foundation gave away 3.4 billion dollars. The money went to support health research, education and development programs in the United States and around the world.
But Mr Gates noted that philanthropy cannot provide the wider improvements in areas such as public health, education and employment. Governments he said, were designed to serve the whole population.
When you want to give every child in America a good education, or make sure they are not starving, thats got to be [done by] government because philanthropy isnt there day in and day out serving the entire population. Its just not of the scale or the design to do that, said Gates.
Philanthropy Bill Gates said, needs research and innovation to seek answers to societys problems, but it is governments part to work for a better society.
And thats the Economics Report from Learning English. Im Mario Ritter.
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