Mortality rate refers to the number of deaths within a specific group of individuals, typically measured as the number of deaths per one thousand people. This rate is an important indicator of the health of a population and can be influenced by various factors such as age, socioeconomic status, and access to healthcare. It is a crucial concept in the field of finance as it impacts insurance rates and other financial decisions. Understanding mortality rate is essential in comprehending the overall well-being of a population and its potential impact on economic aspects.
