A Well-Functioning Health System

question 6

Multiple Choice

A well-functioning health system:

• A)is based on advanced digital systems.
• B)delivers quality services to all people when and where they need them.
• C)it is shaped by the government.
• D)is all of the above.

Recognize the significance of self-competency in career management and personal development.

Distinguish between primary and secondary categories of diversity and their implications in the workplace.

Illustrate the importance of embracing diversity as a source of organizational strength.

Apply knowledge of competencies to enhance job performance and organizational contribution.

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Definitions:

Demand-Side

Economic policies or concepts focused on increasing demand for goods and services as a way to stimulate economic growth.

Market Failures

Situations where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Shortage

The amount by which the quantity demanded of a product exceeds the quantity supplied at a particular (below-equilibrium) price.

Market

Any institution or mechanism that brings together buyers (demanders) and sellers (suppliers) of a particular good or service.