Evaluate the following: The rise in the relative cost of education and health care is evidence...

Evaluate the following: The rise in the relative cost of education and health care is evidence of the inefficiency of these sectors of our economy.

Expert Solution

True

The rise in the relative cost of education and health care is evidence of the inefficiency of these sectors of our economy.

As we know there are some problems regarding health care.There is wastage of money due to lack of proper structure.there is no control of supply - chain agents,prescribers and dispensers.generic medicines are not using at optimum level.sometime there is no system for stockage of these medicine.There is no regulatory structure.There is overuse of supply of equipment.Workers are demotivated.There is complete avoidance of hostipal's structure.

Quality of medical equipment is very poor .Their strategies are inappropriate level.

When we talk about education system then the same problem's we faced in this sector.There is no structure for utilizing money.There is complete avoidance of qulaity standard of education system.Complete avoidance of higher education and grooming.

Teachers are demotivated because they did not get enough money hence they failed to provide qulaity education .There is wastage of resources .

Hence we can say that the rise in the relative cost of education and health care is evidence of the inefficiency of these sectors.

Rahul Sunny answered 7 months ago

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