In the future, it is expected that there will be a higher proportion of older people in some countries. Is this positive or negative development?

Question

The coming acceleration in population ageing is being a conundrum for the authority. From my perspective, this phenomenon presents opportunities as well as trials.

•       On the one hand, the option to a declining population is attractive for benefit in some way. One of the merit of this is not leading to labor shortages because the aged usually fillings a job that no one else desires, instead of taking a job. Thereby decreasing the demand for seniors to rely upon social security programs or pensions, saving money for the entire society is obvious. In another word, the government can boost wages for workers, so the wealth per capita will higher. Ageing societies also assist populated urban areas in reduce crowding as well as relieve stress.

•       On the other hands, there are several demerits of this problem. And the first and foremost major problems is the old is prone to ailments such as diabetes, hypertension and cancer…. The vast amount of patients will put pressure on healthcare facilities, which might not be able to cope with the request. Demographic ageing will increase competition for jobs, the retirement age is extended, in particular. As the consequence, juveniles access jobs more arduously. And in some case, enterprises can be confined to old ways of doing things without innovation. It is apparent that these businesses are not dynamic in addition to acquiring technology at a slower pace.

•       In conclusion, it seems clear that ageing societies could result in both creating better living space and putting a burden on health services.

Answer 1

The coming acceleration in population ageing is being a conundrum for the authority. From my perspective, this phenomenon presents opportunities as well as trials.

•       On the one hand, the option to a declining population is attractive for benefit in some way. One of the merit of this is not leading to labor shortages --> unemployment because the aged usually fillings a job that no one else desires, instead of taking a job. Thereby decreasing the demand for seniors to rely upon social security programs or pensions, saving money for the entire society is obvious. In another word, the government can boost wages for workers, so the wealth per capita will higher. Ageing societies also assist populated urban areas in reduce crowding as well as relieve stress.

•       On the other hands, there are several demerits of this problem. And the first and foremost major problems is the old is prone to ailments such as diabetes, hypertension and cancer…. The vast amount  -->  large number of patients will put pressure on healthcare facilities, which might not be able to cope with the request. Demographic ageing will increase competition for jobs, the retirement age is extended, in particular. As the consequence, juveniles access jobs more arduously. And in some case, enterprises can be confined to old ways of doing things without innovation. It is apparent that these businesses are not dynamic in addition to acquiring technology at a slower pace.

•       In conclusion, it seems clear that ageing societies could result in both creating better living space and putting a burden on health services