Today, many developed
countries
have implemented strategies which have increased the Use synonyms
young-to- old
demographic ratio. I believe Correct your spelling
young-to-old
this
trend is absolutely advantageous for economics and for organizations to have fewer responsibilities Linking Words
due to
the decreased number of elderly.
First and foremost, The younger the workforce, the better the economy of the region. Undoubtedly, the youth population adapt better to new technologies, Linking Words
hence
, generally learning new strategies and coming up with novel ideas are some features older brains may be too tired to cope with . Linking Words
For instance
, a well-known technological kitchen appliances company in Finland realized a fall in their customer interest in their products, Linking Words
therefore
decided to retire all its designers and engineers above 60 with extra retirement pensions and hire a fresh labour force Linking Words
instead
. Despite the initial extra training expenses, a 60% Linking Words
overall
improvement in sales was a breakthrough in the company's success history.
Linking Words
In addition
to the economic growth, there are myriad merits for the social services and insurance companies in the nations having fewer elderly compared to the young population. Linking Words
In other words
, these societies have fewer social service requirements Linking Words
such
as nursery homes and specialized hospitals. To illustrate, insurance companies are willing to expand their business in the younger populated Linking Words
countries
to benefit from the limited expenses required by them.
In conclusion, I believe having Use synonyms
countries
populated with more of the youth than the elders is inexorably advantageous. Use synonyms
Besides
the economic benefits of Linking Words
this
trend to the communities, there is less need for social services and insurance coverage. Linking Words
Therefore
these Linking Words
countries
are anticipated to succeed in their goal faster in the long termUse synonyms
nargesamin0