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According to the Text, Medical Care Expenditures Were Slowly Increasing

Question 11

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According to the text, medical care expenditures were slowly increasing from the Agricultural Age to the Industrial Age. At the end of the Agricultural Age, almost all expenditures on health care were driven by the 2% of the population that was wealthy. Greater equality of income and wealth distribution in the Industrial Age contributed to a faster increase in medical expenditures from that point on.

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