As life spans increase and birthrates decrease, the working population will decrease while the number of retirees will increase. One example of new business growth reflecting this market is a(n):
A) increase in the number of assisted living facilities.
B) increase in the number of after school programs for students.
C) rise in the number of state laws requiring employers to offer prescription benefit plans for employees.
D) new federal healthcare premium program for kids.

Question

Quizplus · Accepted Answer

As there is a growing number of retirees, there will be a greater demand for specialized facilities that cater to their needs. Assisted living facilities are one example of such specialized facilities that are likely to see growth.

As Life Spans Increase and Birthrates Decrease, the Working Population