1.) What are some of the factors that have contributed to rising health-care costs in the United States?
Some of the reasons contributing the rising of health-care costs in the U.S. are;
- More people living on earth
- An aging population (where there’s quite a bit of elder people)
- Changes in disease frequency or incidence
- Increases in how often people use health care services
- Increases in the price and intensity of these health care services
2.) How is the actual history of antitrust different from what the average person probably thinks it is?
The history of the U.S. antitrust law is generally taken to begin with the Sherman Antitrust Act 1890. It was the first measure the U.S. Congress passed to prohibit trusts, monopolies, and cartels from taking over the general market. It also outlawed contracts, conspiracies, and other business practices that restrained trade and created monopolies within industries.
An average person probably would think something along the lines of, “Antitrust means the lack of trust in people,” soooo therefore because of trust, things could go either uphill or downhill in history and even in business. Antitrust in this case means the act in history that occured that created monopolies within the industries.
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