Macroeconomic Influences and Future Trends Essay

Macrostinting Influences and Future Trends - Essay ExampleFor instance, the effectuate of factors like gender, marital status or ethnicity could either be strong or weak depending on their interactions with each other. It is like they borrow something from other factors in order to reinforce the strength of their impacts.Income is important for unrivalled simple reason. It determines races capability to purchase health cargon products and services. Wealthy people or wealthy countries are in a better position to secure better health than those from poorer class and countries because they can have it. Fuchs pointed this out when he explained the relationship between health and income in a cross country analysis, where it was institute that life expectancy is related to Gross Domestic Product per capita (Fuchs, 2004, p. 655).The high income class or those people who have the purchasing power also exert influence in the performance of the health business organization market within several economic principles such as perfect competition. Consumers could help drive up demand for certain products and services. The fact is that strong and capable consumer sector means vibrant health armorial bearing market that necessitates best performance from all stakeholders such as the government and health care producers. The economic status of countries is also significant in the differences in medical standards followed both in education and in practice. In higher income societies, the health care industry can reach its most ideal setting because most elements are present and working. Such capability also launches several variables such as policy-making pressure. The collective strength of consumers could help shape policymaking as engagement or activism can assume the employment of a pressure group. This is significant given the fact that governments have the power to intervene, control and regulate health care. In cases of budgetary gaps, for example, the macroecon omic conditions are significantly altered, say, when the government