contestada

The delivery of medical care in preindustrial America was governed mainly by: A. free-market conditions. B. professionalization of medical care. C. high barriers to entry. D. collusion among providers.

Respuesta :

Answer:

A. free-market conditions.

Explanation:

Free market are the condition in the market, which is not governed by the government and people are free to exchange their goods and services with others and market are solely operated by the law of demand and supply. Government does not interfere in the functioning of market and market is regulated by private players or entrepreneur.

Following are the disadvantages of free market condition:

  • Profit is the only motive remain.
  • High rate of unemployment and inquality.
  • High chances of monopoly.

Otras preguntas