principles and economic consequences of expenditure, taxation, financing and regulatory actions undertaken by the non-profit-making government sector of the economy" (Black, Calitz & Steenekamp, 2018:17). Le Grand, Propper & Smith (2008) provide a summary in relation to the health care sector, stating that not all health issues will be allocated efficiently by the market due to uncertainty in demand, asymmetric information and externalities. In addition, markets will not achieve equity in the provision of health care and as a result, the role of government intervention in the sector is significant across developed economies (Le Grand, Propper & Smith, 2008). Taking note of the above comments, provide a critical assessment of the role government should play in the area of health care in South Africa (or, for those students outside of South Africa, a country you are familiar with). Your assessment should directly address the following three areas: first, develop an understanding of the purposes of government's role in the health care sector in South Africa, taking note of the economic arguments for government intervention as presented in this module; second, review the extent to which your identified purposes of government intervention are, or are not, met in South Africa; and third, clarify the role of private versus publicly provided health care and how government should relate to both. Objectives to cover must include inclusive economic growth,price stability and full employment. for Government functions cover regulatory function, allocation function and distribution function. Cover externalities in relation to public goods. Its Equity and efficiency. is the government intervention in health sector significant in South Africa?