Why is Education and Medical considered one of the Best Businesses to be in?
As a human grows, he or she needs the education to survive in this competitive world and also requires Medical assistance several times a year.
As we grow, our societal norms force us to be part of a community that is educated and that can earn a lot of money, similar to what all other countries also consider. Similarly, as we grow we are entitled to go through several medical checkups as well, which might be because of some job criteria or because we are not feeling well.
But Education & Medicine Industries are a Nobel Profession
It may be true for some organizations in Education and Medical Industry but most of the industry is corrupt and have people who are only looking for their profits. One needs to understand that when we grow as a human we need to differentiate what can make us rich and what can make us Nobel, but these days the noble industry is filled with people who want to get rich fast.
They don't care if a person will live or die, they just want to churn as much as possible from the person who has come to them.
Let me give you two examples
Example 1:
When we go to Medical shops to buy medicines, although medicine may take a few cents to manufacture, still some organizations sell those same medicines for hundreds of dollars worth of price.
Now people will say, it is not possible because we also see what is happening, but when doctors, medical staff, and others are also involved in this fraud then you usually have less to no say and check of your own.
You can try and see the difference in prices between generic medicines and the ones that are sold by big corporates.
Also, check doctors and medical practitioners usually never give you generic medicines but they force you to buy medicines of some good brand and that is because they usually get a commission from those organizations.
Example 2:
When kids grow up, we have to find schools for them, and then there is a monopoly of schools that they want to take your child and educate them or not.
Also, the rising fees of big schools are unethical. It doesn't matter if a child goes to that school or not, the bare minimum fee for the schools has increased too much.
I still remember the good old days, when the overall fee of our school was a few dollars, today when I see it is not less than $1000 dollar per annum.