The U.S. healthcare system is unique among advanced industrialized countries. The U.S. does not have a uniform health system, has no universal healthcare coverage. Instead of operating a national health service, a single-payer national health insurance system, or a multi-payer universal health insurance fund, the U.S. health care system can best be described as a hybrid system (U.S. Health). …show more content…
certainly has higher living standards than most. More than half (56%) of Americans were high income by the worldwide standard, living on more than $50 per day in 2011, the latest year that could be analyzed with the available information. Another 32% were upper-middle income. In other words, almost 90% of Americans had a standard of living that was above the worldwide middle-income standard. Only 7% of people in the U.S. were middle income, 3% were low income, and 2% were poor (Kochhar). Many Americans also live in houses with air-conditioning and clean running water. Most Americans enjoy owning their own vehicles, but there are still some forms of public transportation like buses and …show more content…
is very strong. Americans are feeling good about their finances. While many consumers in other countries are living paycheck to paycheck and concerned about becoming unemployed, American consumers are comparatively unconcerned about their financial future. Americans can spend more money because of their financial freedom. American consumers are brand loyal but look for ways to spend less on their brand of choice. Among U.S. survey respondents, 52 percent—down from 64 percent in 2012—said they have changed their purchasing behavior when it comes to their favorite brands. Many American consumers have remained loyal to their favored brands but are watching their finances more closely: buying only with discount coupons or when their favorite brands are on sale, shopping around to find retailers that sell the brands at lower prices, or purchasing in lesser quantities (Magni et al.).
On the contrary, the consumer behavior in Indonesia is quite a complicated one due to the multitude of islands and areas. Indonesians do not have as much money as most other countries; therefore, their spending habits seem more wise or frugal. Indonesians attach more importance to brands than consumers of any other nation; 60% prefer local brands compared to name brands. The digital market is growing fast in Indonesia and it will encourage their consumers to save much more money, but currently, Indonesians get most of their product information through watching television