Propose a detailed, step-by-step mechanism for the reaction pathway shown below. 
Definitions:
Free Market Ethos
Free market ethos is a belief system that emphasizes minimal governmental intervention in the economy, advocating for the unrestricted flow of goods, services, and capital.
Healthcare
A broad term covering the services provided by health professionals to treat patients' physical, mental, and social well-being.
Selective Reduction
A medical procedure used in fertility treatments to reduce the number of fetuses in a multiple pregnancy, aiming to increase the chance of a successful, healthy pregnancy.
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