Examlex
The health status of the American population is poor in international comparison which is evidence that all the spending on medical care cannot compensate for failures in the public health system.
Technological Advance
(1) An improvement in the quality of existing products, the invention of entirely new products, or the creation of new or better ways of producing or distributing products. (2) Any improvement in the methods by which resources are combined such that the same quantity of inputs can be made to yield a combination of outputs that is preferred to any combination of outputs that was previously possible.
Freedom of Choice
The right of individuals to make decisions for themselves without undue government restriction.
Society's Wants
The collective desires and needs of a community or society that drive demand and economic activity.
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