Which of the Following Statements Best Describes a Comparison of the Health

question 28

Multiple Choice

Which of the following statements best describes a comparison of the health care systems in Canada and the United States (U.S.) 40 years ago?

• A) The U.S. relied on government programs; Canada relied on private insurance.
• B) Canada had universal health care; the U.S. relied on charity.
• C) No significant difference existed between the two systems.
• D) Both Canada and the U.S. had publicly financed health insurance.

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Definitions:

Libertarianism

A political philosophy that emphasizes freedom, autonomy, and voluntary association.

Diminishing Marginal Utility

An economic theory suggesting that the utility or satisfaction derived from consuming more of a good decreases with each subsequent unit.

Maximin Criterion

A decision rule used in uncertainty situations that focuses on maximizing the potential minimum gain, thus minimizing the potential for loss.

Libertarian

A libertarian is an advocate for minimizing government intervention in personal and economic matters, favoring individual freedom and autonomy.