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The aging population is good for business, the economy and society. Others disagree. Discuss both views and give your opinion.

#population #business #economy #society
In
this
 day and age, there has been a controversial argument about the elderly
population
 whether it is good or not for many different aspects of
life
. While there is a common belief that the ageing
population
 helps to develop business, the economy, and society, I am convinced that the older
population
 may have several disadvantages. When our society is growing day by day and
people
's demands to improve their lives are increasing, the ageing
population
 has an important role in giving us many benefits.
First
 and foremost,
people
 who have more experience will be better at making decisions because they are older and have a wider range of knowledge by years than the young. Not just that, adults can
also
 hands-on experience with younger
people
, and help them to avoid repeating their mistakes in the past.
Besides
, the elderly
also
 can be considered as family care-takers or babysitters,
thus
 they can help young parents to focus on their work and support them in the process of upbringing their children.
Consequently
, the older
population
 plays a vital part in our
life
.
On the other hand
, I believe aside from the elderly
population
 giving us benefits for
life
, it
also
 leaves some problems. One of the most common issues is lacking labour force which leads to the brink of an economic downturn.
For instance
, in
this
 new modern
life
, young
people
 in China and Japan do not want to get married and have babies.
Therefore
, these countries are facing a labour crisis because of the increasing expectancy and greying
population
.
Furthermore
,
people
 over 60 years old are often no longer able to contribute to the economy, and they are the ones who are in need of social welfare
such
 as pensions or healthcare.
As a result
,
this
 issue put huge pressure on the national budget. In conclusion, it is often believed that the ageing
population
 is practically good for business, the economy and society, I am more convinced that
this
 is an urgent problem because it affects
people
’s lives in the future.
Submitted by phuongank1511 on

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