Economic History and Health Care Funding HCS/440 History and Evolution of Health Care Economics According to "American Economic Association" (n.d.), “Economics is the study of how people choose to use resources. Resources include the time and talent people have available, the land, buildings, equipment, and other tools on hand, and the knowledge of how to combine them to create useful products and services” (Para. 1-2). Economics deals directly with all aspects of our economy whether…
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