ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Young people tend to dis-save
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Retired people tend to dis-save
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Middle-aged people tend to dis-save
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People tend to save proportionately more during middle age
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Detailed explanation-1: -Common conditions in older age include hearing loss, cataracts and refractive errors, back and neck pain and osteoarthritis, chronic obstructive pulmonary disease, diabetes, depression and dementia. As people age, they are more likely to experience several conditions at the same time.
Detailed explanation-2: -The most common cognitive health issue facing the elderly is dementia, the loss of those cognitive functions. Approximately 47.5 million people worldwide have dementia-a number that is predicted to nearly triple in size by 2050.
Detailed explanation-3: -Middle adulthood, or middle age, is the time of life between ages 40 and 65. During this time, people experience many physical changes that signal that the person is aging, including gray hair and hair loss, wrinkles and age spots, vision and hearing loss, and weight gain, commonly called the middle age spread.
Detailed explanation-4: -Unique Needs of People Ages 60+ Choose foods with little to no added sugar, saturated fats, and sodium. Get enough protein during your day to maintain muscle mass. Focus on the nutrients you need, including potassium, calcium, vitamin D, dietary fiber, and vitamin B12.