The Impact of China’s Demerit Goods Consumption on Profit Growth in the Pharmaceutical Industry

The pharmaceutical industry is one of the most critical industries for the health and the sustainability of the human race; moreover, the modernized goods can be much more harmful than people expected, which led to severe health problems for humans. The whole experience adopts empirical analysis on the significant number of data of demerit goods and the pharmaceutical industry, so the astonishing results declare that the pharmaceutical industry could have highly relied on the sales of demerit goods. Therefore, the policy advises is that to help the situation of the medical sector, the government should intervene and, when facing any crises, the industry should pay caution on rapid value plunge. The entire study is undoubtedly contributive to give the Chinese example on the relationship of the sales of demerit goods and the profit earned by the pharmaceutical industry, which could help a massive amount of developing countries make the right decisions.