An aging population affects various sectors differently. The sector most likely to experience slower growth as a result of an aging population is consumer goods.
Healthcare (A): This sector is likely to experience growth due to increased demand for healthcare services, products, and related support as the population ages.
Consumer goods (B): Consumer goods, particularly those targeted at younger demographics or non-essential items, may see slower growth. An aging population typically spends less on consumer goods and more on healthcare and services tailored to their needs.
Wealth management (C): This sector might experience growth as older populations often require wealth management services to handle retirement funds, estate planning, and other financial services.
[References:, CFA ESG Investing Principles, Demographic studies on aging populations and economic impact, , =================, , , ]
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