Unit Activity: Introduction to Economics

Question 4

Now, shift your focus on the two health care systems to economic terms,

Part A

What resources are scarce in the UK healthcare system?

The American government has gone through challenges to create a better Medicare for a long period. However, that has not been attained because there are many loopholes in the sector. The government sometimes assumes that the maximum healthcare system will be accomplished through interventions.

But this may not be the case; instead, the problems may be getting more complicated. Better healthcare requires continuous and successful operation to eliminate the loopholes that exist. If this is not going to be done, the sector will never improve