Why mortality is a significant economic driver
In short: Death is an inevitability that carries a heavy price tag. This video examines how the end of life impacts the economy, from the rising costs of healthcare to the massive business surrounding funeral services.
The economics of mortality involves two major financial sectors: end-of-life healthcare and the funeral industry. As people age, the expenses associated with medical care at the end of life become a significant economic consideration. Additionally, the business of managing remains through funerals represents a substantial market of its own.
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Sources
- Summary by Intellect · source: The Economics of Death: Crash Course Economics #30
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