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Traffic accident (traffic accident, road accident)

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An event in which people are injured or even killed and/or property is damaged as a result of driving on public roads. – From the point of view of national accounts, traffic accidents increase the national product and thus prosperity. This is because statistically, services in connection with an accident, such as the deployment of the fire department, the police, the emergency services staff and also the hospitals and rehabilitation clinics, are recorded as the provision of services to be valued in money terms, which increases prosperity. For this reason, the national product can only be a rough measure of the actual prosperity of a country. More damage and suffering for individuals and thus also for the general public, more seriously injured persons to be cared for due to traffic accidents certainly do not increase the wealth, the national prosperity. – See Bubble Economy, Ungoods, Wealth, Value Creation.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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