The number of older people is increasing. Some people think it will cause problem to their countries; others believe that this group is important to the society. Discuss both views and give your own opinion.

Aged population is rising rapidly in many countries.
Although
a section of society advocates that older people are important for the development of the country, I,
however
, hold the view that it creates several issues in their countries. On the one hand, proponents of former view consider that retired persons are assets to their homelands. The reason could be that they are an ultimate source of knowledge because of their vast life experience. They can provide valuable suggestions in critical decision making, leading to savings of time and money.
For instance
, if they are not working and earning, can voluntarily guide young learners as their teachers in selecting courses.
This
way, they can contribute in the society’s development up to some extent.
On the other hand
, I side with those who argue that rise in n
umber
Suggestion
the number
of older people causes burden on s
tate exchequer.
Suggestion
the state exchequer
The reason behind
that is
they have no source of income and are not able to work because of their
age
. In most countries, states provide old
age
pension, health insurance, and old
age
shelter for their retired population which in return providing nothing to s
tate.
Suggestion
the state
Another significant cause is that shortage of young manpower for industries due to rise in old
age
people, leading to decline in industrial output. Governments have to import various utilities to f
ulfill
put in effect
fulfil
their requirements, making loss of foreign currency deposits.
Therefore
, aging population leads to weakening the economic conditions of many nations. In conclusion,
although
retired people can provide guidance,
however
, governments have to spend a lot on providing many amenities to them which leads to economic crisis.
Therefore
, I maintain that it puts pressure on the financial condition of the nation.
Submitted by vjgarg21 on

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