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From course:

Economics A Level (DONEEEEEEE)

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Question:

Why does the Government provide Healthcare freely - What are the Drawbacks?

Author: eric_galvao



Answer:

-Consumption of such leads to more Happier Population -Free Provision challenges the Inequality -Increase Productivity - Less People take Sick Days … However Excess Demand can Occur - Long Waiting List in the NHS for an Appointment. -Lack of Price Mechanism means Hospitals care Less for Resources -Limited Budget vs Covering the Whole Population? Covering everyone’s Needs and Wants? -Reduce the Patients Self-Reliance


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