It is expected that there will be a higher proportion of older people than young people in many countries in the future Do you think it is a positive or negative development

It is widely believed that the number of senior people will solely outnumber that of the young generation worldwide in the future. From my perspective,

this

phenomenon will exert a negative impact and pose a serious threat to the improvement of society as a whole.

This

essay will

first

give a plausible explanation, and

then

talk about its impacts on the human race.

First

of all, the situation in which an increase in the number of elderly citizens compared to the youth will put heavy pressure on the government budget.

This

is because senior generation not only retires from the labouring workforce, but

also

being paid for their pension annually by the governments, which reduces the finance for other aspects of life.

For example

, the retired community in Vietnam has received a monthly pension since 2014, exerting a reduction in the total national budget.

Furthermore

,

this

phenomenon has been a burden for the young generation recently, due to the fact that the youth has a huge responsibility to provide financially for their families, and

therefore

, literally no one at home to take care of their grandparents.

For instance

, Japanese housewives are usually responsible for the housework and caring for their children as well as their grandparents, while their husbands are the breadwinners, and

thus

these women cannot pursue their own careers. In conclusion, the phenomenon of the aging population generally has been causing some bad impacts on the development of a community, which is a financial burden for their governments and their children.