The relationship between wealth and longevity has shifted dramatically over the last century. Early in the 20th century, being among the wealthiest didn’t necessarily translate to a longer life, urban hazards like poor air quality and infectious diseases actually created a “rich penalty.” However, by the late 1900s, advances in healthcare and a reduction in urban health risks flipped this trend, granting the wealthiest a significant longevity advantage. This shift in life expectancy not only highlights the evolving impact of wealth on well-being but also deepens the conversation around economic and social inequality beyond income and consumption alone.
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Website: | Visit Publisher Website |
Publisher: | Bureau of Economic Analysis |
Published: | February 1, 2025 |
License: | Public Domain |