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Consider the market for #2 Pencils. In a market economy only those consumers who are willing...

Consider the market for #2 Pencils. In a market economy only those consumers who are willing and able to pay for pencils get pencils, is this fair? What about the market for health care?

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Answer #1

In the market for pencils only the person who are willing to pay for pencils will get pencils and it is a fair trade because not everyone will be willing to buy pencils as not everyone use pencils. Some may use pens to write as they have alterbalter too choose between pencils and pen. So people will think depending on their requirements and thus it is a fair trade.

In health care the government is providing to people depending on their income and it is also a fair trade because people who can afford are not taking heakth care where as for people who cannot afford are taking these health care which is being provided by the government. Health care is required by everyone as everyone wanted to purchase so they are willing to get and people are not able to pay government is providing for free or subsidised cost.

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