It is expected in the near future that there will be higher proportion of old people compared to younger population in some countries. Is it a positive or negative development? Give your opinion and examples.

Some individuals anticipate a higher ratio of people over 65 years old compared to youths, due to lower birth rate in some countries, especially developed ones, in the coming years. The question is,
however
, whether
this
is an advantageous phenomenon or an adverse one. Despite some pros, I firmly believe population aging is harmful to the development of a
country
.
To begin
with,
youths
Suggestion
the youths
play an important role in the economic growth of a
country
and an aging society is one of the major problems every government
have
Suggestion
has
to face. Elders rely on a monthly pension given by the
government which
Accept comma addition
government, which
is usually provided by taxes from young people who work. If a disproportion between the number of young and old generation happens, resolving
this
problem needs an increase in taxes or declining investment in the productive sectors of the industry which damages the economic growth of the
country
in the long run. Another issue facing these countries will be the rise in the demand for health
care
. Old people need more
care
and special facilities to protect them.
Also
, health costs for elders are over four times higher than young people.
This
increase government consumption and cause a reduction in the gross domestic product (GDP) of the
country
. It is shown in studies that an aging population can lower the GDP by 0.4 percentage
point
Suggestion
points
. Having said that, a higher percentage of elders in society can put the brakes on the development of a
country
. The older the society become, the more
care
they need and more money needs to be spent on health
care
and pension money.
From
Suggestion
For
the aforementioned reasons, it can be concluded that
this
phenomenon has negative effects on the development of countries.
Submitted by bqdyuc on

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