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

There is an anticipation that in the near future the percentage of elderly will be much more than young citizens in some countries.
However
, I do believe that
this
trend has significant impacts on
countries’ economy
Suggestion
the countries’ economy
and industry. To commence with, when younger generations get old, they become vulnerable and require care.
Thus
, there should be some people to take care of these old people. But, when the proportion of old people becomes more than their younger peers, a large amount of budget and
workforce
is
need
Suggestion
needed
to cope with
this
issue, which results in
a
Suggestion
an
enormous strain on
government
as well as society.
For example
, a professor from Monash university conducted a research, and its results revealed that since the percentage of old people in Japan has become more than younger people, Japan’s economy and industry faced a significant decline.
Furthermore
, when people get
old
Suggestion
older
or retired new employees or
workforce
should be replaced. But, in countries that are facing a negative trend in their birth rate, finding and replacing
new
Suggestion
the new workforce
workforce
becomes a great challenge for the
government
,
thus
they have to hire from other countries.
For instance
, in Japan due to
lack
Suggestion
a lack
of young workers in the country, the
government
was forced to recruit almost one million foreigners to use them in different parts.
Also
, it is estimated that hiring these foreign
workforce
puts heavy costs on the country and results in the reduction of life quality in many cities of Japan.
Finally
,
government
Suggestion
the government
announced that young couple with more than two children will be exempted from taxes to motivate them for having more children. In conclusion, the negative trend of the birth rate can cause destructive consequences, and having
more old
Suggestion
older
more older
people means more problems. And
this
problem should be addressed,
otherwise
country
Suggestion
the country
will a wide variety of challenges in the future.
Submitted by msharifielts on

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Topic Vocabulary:
  • aging population
  • proportion
  • mentorship
  • strain
  • public healthcare systems
  • pension schemes
  • workforce
  • economic growth
  • automation
  • consumption patterns
  • intergenerational solidarity
  • sustainable living
  • environmental conservation
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