Business Studies, asked by princesskathere21171, 1 year ago

what are the financial impacts of premature death on certain types of families?

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Answered by Anonymous
0
Hey mate here is the answer of your question
if a family has a only sole earning member it means no substitute of income or we can say if there are more than 1 earning members and all of them die or become incapable to earn or 1 of them die and income of remaining is insignificant then a family has to face following circumstances :-
1. Economic crises for necessities :- in an extreme situation it may happen that family has hardly to eat meal for two times and pay for necessary medical services and education.

2. Economic crises for special occasion :- in case of death a family member has to arrange necessary funeral arrangements and in a miserable condition it may also get effected.
Special occasion may also include marriage, deepawali pooja, etc

3. mental balance


i hope it helped you.
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