It is expected that there will be a higher proportion of older people than that of young people in many countries in the future. Do you think it is a positive or negative development?
Aging population has become a broad issue to general public. This trend is predicted to expand in a number of nations in the future. This essay would like to examine both advantages and disadvantages of this phenomenon before a conclusion is reached. On the one hand, an increasing number of older citizens bring about several benefits. One clear merit of this tendency is that the government's spending on education and training will be saved. The fact is that young people will need fundamental schooling and general training before they can contribute to the development of one nation's economy. The governments are supposed to pay most of this fee for them. Another bright side of aging population could be that unemployment rate will not be as high as that in young population countries. As a result, the society seems to be stable. In addition, the whole society is likely to become an ideal place for their people to reside. This can be explained by the values they share together as they experience major changes at their time. Therefore, they will have better mutual understanding, which in turn strengthens the community bonding. On the other hand, there are numerous challenges that one country may deal with. The greatest drawback is that there might be a shortage of young and adaptable employees. As there are a greater number of older people who will gradually retire, labor market will need to provide the substitutions to the sectors in need. The nations without many young workers will face difficulties to solve this issue. An addition problem of this trend is that a big amount of spending on welfare will be required. To illustrate, elderly citizens demand more healthcare centers, residential homes or care homes due to their deteriorating health condition. This will lead to a high pressure on the government’s funding in those countries. In conclusion, there are both benefits and down sides of aging population. However, I believe that the disadvantages outweigh the advantages as a number of issues this trend derived those countries have to combat.