| What is State Provisions? | -This is when the Government will dish out Goods and Services [Government Expenditure]
-The Army, State Army’s, or Nukes are Examples [ish] |
| How can State Provisions be given out to the Public? | -Directly from the Government - they themselves Dish it out
-Or through Purchasing it from the Private Sector - Community Health Services to be Bought by the Government and allow NHS Patients there |
| Why may Governments want to State Provide some Goods and Services? What influences how Intense they go? | -Government to Encourage the Consumption of Merit Goods, like Health and Education - Long term Economic Benefits
-Reduce Inequalities as its Free [If its Provided Freely]
-Redistribute Income - Money needed to Pay can come from Taxing the Wealthy
-Ultimately it is a Value Judgement by the Government, as they Chose the Amount |
| What are the Disadvantages of State Provision? | -Absence of the Price Mechanism can Reduce the Efficiency of the Market
-May Fail to Match Consumer Demands as there is no motive of Profit to Decide what is Supplied
-Opportunity Cost!!!
-May Reduce one’s Self-Reliance. They Know that Goods and Services are there to treat them so, why not Exploit? |
| Why does the Government provide Healthcare freely - What are the Drawbacks? | -Consumption of such leads to more Happier Population
-Free Provision challenges the Inequality
-Increase Productivity - Less People take Sick Days
… However Excess Demand can Occur - Long Waiting List in the NHS for an Appointment.
-Lack of Price Mechanism means Hospitals care Less for Resources
-Limited Budget vs Covering the Whole Population? Covering everyone’s Needs and Wants?
-Reduce the Patients Self-Reliance |
