Good foreground in the packaging industry The company believed that the demand for packaging is getting higher in fast growing regions due to the rapid development of retail chains, healthcare and cosmetics sectors that driven by urbanization. With their advance in technology innovation, Kodak are able to lead and design solutions such as Flexcel NX system that are enables consistent, high quality print with maximum on-press efficiency across the full gamut of flexo print applications. Jeff Clarke, the present CEO of Kodak stated that the company is gaining favorable profits in packaging and is happy with their performance in 2015. 3. Strong growth in printing
While the health care system is improving, people become healthier and it helps to increase the life expectancy. What are the impacts of the aging population on the economy context? a) Labor Force Supply and Productivity There will be a decline in the supply of labor force among the young populations as the total fertility rate decreases. The involvement of older generations is a good thing as it helps to reduce the shortage of skilled workers. Although older workers tend to have more skills and abilities, the young workers would probably have something that can lead to innovation or development of the new ideas.
1. One of the consequences of improved medical care is that people are living longer and life expectancy is increasing. Do you think the advantages of this development outweigh the disadvantages? Science and technology have contributed so much that life expectancy of humans has increased. Before advancement in science and technology, the birth and death rates remained constant, this kept the size of the population stable.
Even though the country may have a shortage of nurses, it is important for health facilities to ensure that the nurse-to-patient ratio is optimal. If the number of nurses cannot be met, it is important to train more nurses to achieve the goal of having more nurses in the nation. This step will help increase the nurse-to-patient ratios in many health facilities and will help improve the health sector in various ways. For instance, nurses’ turnover will reduce as there will be many nurses to carry out the tasks in these units. Also, the quality of care in these units will improve due to the willingness of nurses to provide their services to the elderly and the sick.
Due to the various limitation of older people. It should be recommended that older people obtain savings plan, improve and boost family ties so that they can co-exist well with friends and families. Engaging in profitable investments will help income generate at their old age and also embrace favorable insurance that can provide for their health needs in the case of diseases and uncertainties. The older adults should also engage in advisable physical exercises because it boosts their health and makes them more active. Staying active can help reduce the chances of being affected by various diseases, and it improves the health status of the elderly.
We can define that society’s demand for healthcare is emerged by individuals’ desire to have a good and better health generally. Possessing good health enables people to live longer and healthier so that they can function at their desired level of performance. This allows people to spend more of their time to complete what they wish to do and achieve personal contentment, such as having a great career and earning money, spending more time with family or in leisure activities. In this case, private healthcare is here to provide better health services for the public to prolong lifespan as well as gaining great profit from the public to make a two-way benefit for everyone. However, there must be some negative effects that will affect the demand
Mortality has now become a more sought after topic due to the habit changes adopted by lots of middle –age persons in order to prolong their life span hence they live longer to earn more annuities than before. Though some infant mortality is inevitable, decline in infectious diseases in babies and toddlers by vaccines and immunization increases
It is considered as important for national stability and world peace. Food security means access to food on regular basis for healthy living. The human population is growing rapidly due to high birth rate in many countries. This increased population means that demand of food also increases. Due to shortage of food supply as compare to demand of food results in food security (Reutlinger 2012).
As the saying goes “Health is Wealth”, a great asset that a country can own is a healthy population with high working efficiencies and greater life expectancy, thereby contributing to the growth and development of the nation. For the people, access to better healthcare is a human right. We have succeeded in eradicating polio out of the country. But we as a nation, still lack in achieving healthy lives of our people, especially the poor, both urban and rural. We spend 4% of our GDP on healthcare, but the access to proper diagnosis, consultation and medication still has barriers to overcome.
Due to the ‘baby boomers’ in Singapore , there is a need for Singapore to understand the profile, perception, aspirations and also address the needs of concern (e.g. increased demand in healthcare and more demand in workforce) to this group. This awareness will contribute to Singapore’s economy and hopefully helps in increasing its prosperity. Figure 1 shows the citizen age pyramid for the year 2015 and 2035. In comparison, in the year 2015, the bottom part of the pyramid is wider indicating a higher birth rate than that in 2035.