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How have the processes of globalization and Westernization affected health care in the Ladakh region of the Himalayas? Specifically, describe the care provided by Tibetan Buddhist healers, and provide three specific examples of how this system has changed during the past thirty years in terms of how these healers are compensated, the introduction of Western medical approaches, and the global interest in this type of health care.
Price
The expenditure foreseen, necessary, or allocated in trading for something.
Socially-Optimal Quantity
The level of production that maximizes societal welfare, considering both the benefits and costs of production and consumption.
Market-Equilibrium
A condition where the supply and demand in the market equalize, leading to stable prices.
External Cost
A cost borne by individuals or society that is not reflected in the market price of a good or service, often associated with negative externalities.
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