At the 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 disadvantages?

In some nations around the world, the

population

of youngsters is more than that of the elder citizens and it been in the debate for a long time whether it has more benefits or negative impact on the society. In

this

essay, we will discuss how

this

difference in the age group

population

is way beneficial for a community

in contrast

to its drawbacks.

Firstly

, a nation with fewer elderly citizens could be a paradise for the working class because of the less

tax

burden. To explain briefly, most of the

tax

collection is spent on pensions and human welfare which is the reason why there could be less progress in terms of the economy even if the heavy

tax

collection.

For instance

, if the nation has a fewer retired crowd, it means the budget for pensions and old age homes is less,

therefore

a large proportion of the government revenue could be allocated for the development of infrastructure and education.

In addition

to the above-mentioned, the health sector could be in great strain and medical expenses could skyrocket with the rising

population

of the older generation community.

Further

explaining, older people experience various health issues as they are ageing and healthcare development need a huge budget to accommodate a large number of patients.

Furthermore

, when the medical demand rises, the medical expenditure

also

gets out of the budget, as an example, when the covid-19 virus engulfed the world, in India a large

population

of elderly people was admitted to hospitals because of their debilitating fitness conditions and due to

this

, the hospitals start charging too much. In conclusion, if the elder people are in less proportion to the young generation, it could be beneficial for the nation in terms of

tax

relaxation, and health care expenditure.