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The least important of the reasons listed below for the decline in death rates in Western societies was
Gross Domestic Product (GDP)
The total monetary value of all final goods and services produced within a country's borders in a specific time period, serving as a broad measure of national economic activity.
Expansions
Phases in the business cycle where the economy is growing and real GDP is increasing.
Recessions
Phases of short-term economic downturn characterized by decreased commerce and manufacturing, typically marked by a reduction in Gross Domestic Product (GDP) for two consecutive quarters.
Interest Rates
The cost of borrowing or the reward for saving, often expressed as a percentage of the principal amount per annum.
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