At present time, the population of some countries includes a relatively large number of young adults, compared with the number of older people. Do the advantages of this situation outweigh the disaddvantages? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Many countries have a large
number
of youths compared to the aged citizens.
This
essay strongly agrees with the largest
number
of youth and their positive contribution to the economy.
However
, the oldsters’ contribution is
also
discussed to understand their involvements and cons. To initiate with, the contribution of the high
number
of young
people
will be influenced by the economy positively as it assists to the
growth
rate of per
capita
income
and
GDP
of a
country
.
As a result
, cheap manufacturing will be fueled.
On the other hand
, the medical cost of a
country
would be the least for the government due to the
number
of young
people
, who suffer few diseases compared to the aged
population
.
Consequently
, the per
capita
income
of a
country
and
GDP
growth
will be higher, which is the benefit enjoyed by a
country
where the youth
population
number
is high. In Bangladesh,
for instance
, over 70% of the
people
are young, which is influencing its economic forecast for the
next
15 years of
growth
in Gross Domestic Product (
GDP
) and per
capita
income
according to the source of the World Bank.
In contrast
, the
growth
of the older
population
helps toward service industries. Most of the countries in the developed world depend on service industries where the
growth
rate of per
capita
income
and
GDP
are low,
although
the per
capita
income
is high;
nevertheless
, the high medical cost of old aged
people
and pension are thorny issues for these countries governments as the average life expectancy of the
people
is a lot higher compared to these young economies. In the United Kingdom,
for example
, the average lifespan of the
people
is over 90 years;
therefore
, the governments’ pension and medical costs are a lot higher. To conclude, the high
number
of youth can be a blessing for the
country
, which are at the developing phase.
On the contrary
, the aged
population
consume more service from the government than they produce in my view.
Submitted by toriqul1976 on

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