THE PROBLEM OF AGING POPULATIONIn the developed world, average life expectancy is increasing. What problems will this cause for individuals and society? Suggest some measures that could be taken to reduce the impact of aging populations.
Today, people's average life span has vastly lengthened. The main problem this causes is a burden in national finances and the most viable solution is a public awareness campaign boosting young citizens' effort to ease this financial pressure.
The principal problem associated with people living longer is that more national money is consumed to take care of aged citizens. This is to say that, with the increasing number of senior citizens, more elderly homes are needed to accommodate them sufficiently. To do this, the government has to spend a substantial amount of national revenues to build more retirement homes resulting in a huge financial problem. For example, the Korean government is facing extreme difficulty with its national budget after spending too much money on providing caring houses to old people.
To tackle this problem, the government should launch a publicity campaign in the media and in schools to raise people's awareness about this issue and encourage young generations to work harder. When the young are aware that their parents are a part of financial burden to the country, they will likely oblige to work with extra efforts to help boost the country's economy and lighten such burden. Such an awareness campaign will shed some light on this situation and allow people to be more open and honest about it. For instance, many young citizens in Germany are working more than 8 hours per day to support governmental spending on housing the elderly.
In conclusion, as people can now live longer than ever, the pressure in national money occurs when building elderly homes, however, the government's awareness campaign will be of great help to elevate this problem by motivating younger generations to work harder.