Aspects of economic activity

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Few aspects of economic activity are as important as health care. As the health sciences develop new treatments the demand increases, as does the costs of providing health care. Societies are faced with the universal problem of managing the imbalance of limited supply and unlimited demand. Should allocation of health care resources be allocated by the government through rationing and a single-payer system? Should health care be allocated via market forces? If market forces are selected, then to what extent should a safety net be employed?

Reference no: EM132978975

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