Technological change and the
in personal wealth have contributed to the improvement in life expectancy, and many countries have seen their population ageing at an unprecedented pace. The problems of
demographic change far outweigh its positive impact.
One social problem related to population ageing is that the medical
costCheck wording
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will
dramatically and hurt the economy. The need for medical care
asPunctuation problem
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well as the spending on
itPunctuation problem
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tends to
with age. Elderly
are prone to health problems
as heart disease, arthritis and cancer, so a country with a large proportion of
over 65 has to
the expenditure on medical services to treat
aging-relatedChange the spelling
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conditions.
leads to a budget cut for education, infrastructure projects and scientific research, which can
affect a Correct word order
adversely affect a society
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adversely not only in the quality of life but
in long-term economic growth.
Another problem is that the productivity of the whole
will drop as the number of workers aged 65 and above increases. An ageing
normally has to raise the pension eligibility age to keep the pension scheme running, so it is not unusual for senior citizens to stay in the workforce even in their 60s. These
,
, struggle with cognitive decline and other conditions which can limit their ability to process information and handle work. If they delay retirement, their poor performance may have an adverse impact on companies’ productivity.
can exacerbate the economic problem mentioned earlier and have an adverse impact on social progress.
, it is possible that societies can tap into the wisdom and experience of elderly
. Having worked for decades, they are experts in their fields of work and have practical experience, specialist knowledge and work-related tips that they can share with younger generations. Senior business managers,
, teach young
how to manage a company and to deal with complaints and queries of clients,
veteran researchers can pass on their knowledge to young scientists about how to oversee and execute projects.
would not happen if
did not live long lives.
In conclusion, a rapidly-ageing population can impose a strain on the medical system and reduce the productivity of a country. These social issues cannot be tackled easily,
the wisdom of elderly
can yield benefits for
.