Do you think that an ageing society will disappear? What are the advantages and disadvantages of having more old people in society?
Many developed countries,
for
Linking Words
example
, Japan, South Korea, the US etc. are experiencing the progress of turning into an aging Use synonyms
society
. The trend is likely unavoidable. There are both upsides and downsides of an Use synonyms
aging
Change the spelling
ageing
society
from the economic and social perspectives. It is crucial for the whole Use synonyms
society
to adapt to the change.
A growing Use synonyms
aging
Change the spelling
ageing
population
can be beneficial to the economy in the short run. Countries with a high number of elderly Use synonyms
people
often have well-developed public healthcare systems and Use synonyms
retirement
protection. These elderly Use synonyms
people
are often wealthy and educated, and they may be able to defer Use synonyms
retirement
if they are in good health. Use synonyms
This
can lead to an increase in the workforce. Linking Words
For
Linking Words
example
, in recent years, the Use synonyms
retirement
age in Hong Kong has been extended from 60 to 65. Use synonyms
Moreover
, the Linking Words
aging
Change the spelling
ageing
population
has led to the rise of elderly industries, Use synonyms
such
as advanced medical care, travel, and leisure activities. Linking Words
For
Linking Words
example
, there are travel packages and cruise tours that are specifically designed for the needs of elderly Use synonyms
people
. Use synonyms
This
sector has the potential to grow significantly in the future.
Linking Words
On the other hand
, an increasing number of older Linking Words
people
has a negative impact on the financial burden of the Use synonyms
government
in the long run. Use synonyms
Firstly
, the pressure on different social welfare programs will become heavier. Linking Words
For
Linking Words
example
, the annual spending on elderly travel subsidies is already HKD 100 million, and it is expected to rise in the coming years. To make matters worse, it is difficult for the Use synonyms
government
to curb spending, which will arouse resentment among the Use synonyms
aging
Change the spelling
ageing
population
. Use synonyms
In addition
, the increasing number of retirees in Linking Words
society
means that fewer Use synonyms
people
will pay taxes in the future. It is expected that Use synonyms
government
revenue will not be able to keep up with the rise in Use synonyms
government
recurrent expenditure on elderly welfare. Use synonyms
This
could lead to a financial deficit in the Linking Words
government
budget.
Use synonyms
To conclude
, the rising Linking Words
aging
Change the spelling
ageing
population
has positive impacts on Use synonyms
society
in the short term, but negative impacts on the Use synonyms
government
in the long term. Better preparation and planning for Use synonyms
retirement
protection and healthcare are some of the possible solutions to mitigate the effects of an Use synonyms
aging
Change the spelling
ageing
society
.Use synonyms
Submitted by ponovil907 on
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