Do you agree the following statement? Why or Why not? "After a trough in the U.S....

Do you agree the following statement? Why or Why not?

"After a trough in the U.S. economic cycle, usually health industries are better per - formers."

Expert Solution

I do agree with this statement because after a trough in the United States economic cycle which will be marking the end of the downturn and it will be starting of a transition to an expansionary phase, the health industries will be better performers because these health industries will be reflecting the the increasing demand of the the people and their ability to have an access to better medical facilities and these people will generally be trying to spend more towards their medical needs as it is one of the utmost need of individuals and society so the medical industries will be booming up and the the health industries will be the better performers because people will be having a higher income and growth in income because the business is an expansionary cycle.

When the stage of recession and economic downturn will be over and there will be slow movement towards transition to the economic growth, the health industries will be amongst the first industries to recover because they will be reflecting the significant expenditure of the the people in order to expand towards their health facilities and health are the utmost priority of most of the United States individual so the society is also becoming a health conscious society and it would be reflecting in their disposable income pattern and the the health industries will be the major beneficiaries of these expenditures by the public and expansionary phase so they will be reflecting the first ones to recover and perform after the cycle of trough in United States economy.

jeff jeffy answered 2 years ago

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