What are some of the industries that will benefit from the increase in the over 65 population?Multiple select question.Prescription drugsNursing homesFast foodRecreation
Question
What are some of the industries that will benefit from the increase in the over 65 population?Multiple select question.Prescription drugsNursing homesFast foodRecreation
Solution
The industries that will benefit from the increase in the over 65 population are:
-
Prescription drugs: As people age, they often require more medications to manage various health conditions. This means that the demand for prescription drugs will likely increase as the over 65 population grows.
-
Nursing homes: Older adults may need assistance with daily activities or medical care that they can't get at home. This can lead to an increased demand for nursing homes.
-
Recreation: Many people over 65 are retired and have more free time for recreational activities. This could lead to an increase in demand for recreational services and products.
Fast food industry may not necessarily benefit from the increase in the over 65 population as older adults are often advised to follow a healthy diet.
Similar Questions
The increase in the number of older adults creates a growth in demand for Blank______.Multiple choice question.fast foodretail outletshealth carecompact cars
A country is experiencing an ageing population. How does this demographic shift influence the demand for healthcare?*Decreases due to reduced workforce participationIncreases as older individuals typically require more healthcare servicesRemains constant as demand is influenced by incomeFluctuates based on technology advancements
Which of the following would NOT lead to an increase in the risk facing a population?1 pointThe arrival of a costly drug that offered a new opportunity to treat a previously untreatable conditionThe creation of new surgical techniques that replace earlier less expensive techniquesBuilding more hospitals, and an accompanying increase in the probability that a person will be hospitalizedExpanding employment opportunities that lead to an increase in per-capita income
An increase in technology increases supply.Group of answer choicesTrueFalse
Select all that applyWhich of the following are reasons why international trade has been on the increase over the last three decades?Multiple select question.Better shipping portsCheaper fuel prices.The InternetImprovements in shipping containers
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.