It is expected in the near future that there will be a higher proportion of old people compared to younger population in some countries. 🔸Is it a positive or negative development? Give your opinion and examples.

It is a fact that the elderly population will surpass the youth population in various regions around the globe in the near future. I strongly feel that

this

shift will have negative consequences for societies. As the community of

aging

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ageing

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individuals continues to increase, nations are facing a significant decrease in societal growth, resulting in a lack of able individuals to take on economic responsibilities. If the number of old surpasses the younger people, governments may struggle to find enough workers for industrial projects

due to

many retirees.

Consequently

, nations must look abroad for an essential workforce, requiring investment in training migrants to adapt to local customs.

Additionally

, countries with a growing number of aged denizens compared to minorities are at higher risk of financial crises like economic downturns and inflation.

This

is because powers must provide pensions and healthcare for the folk,

while

the younger dwellers paying taxes to support them is insufficient.

On the other hand

, some argue that a decrease in the number of teen residents can benefit communities by reducing the need for new accommodations and preventing environmental destruction caused by urban expansion.

This

could allow unions to reallocate funds to the health and education sectors.

However

, I believe that a higher ratio of elderly citizens to young ones can result in a lack of skilled

labor

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labour

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to address a nation's economic challenges, potentially causing long-term damage to countries. To summarize, the

aging

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ageing

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population in various countries can have numerous drawbacks not only related to the economy but

also

to society.