It is true that nowadays, populations in some regions tend toward demographic shift. And this will affect the world in both positive and negative ways.
It is undeniable that elderly people benefit society. For some jobs requiring highly skillful abilities and intellect, such as doctors, scientists, and researchers, the older the people are, the more experience they gain. However, this is only beneficial if people have enough physical and mental condition to work and support themselves. Additionally, if they are well, they can continue to contribute to their countries. And senior citizens in this regard would serve as a nation's valuable intellectual property. Moreover, in families, older people-grandparents-can help raise children, which relieves the stressful financial burden of care costs for their parents.
Especially, through exposure to their previous generation, children can learn about the traditional values and customs that boost the preservation of traditionalism.
On the other hand, the aging population poses big challenges for the nation's budget and workforce. For countries that are not affluent, the growth of the elderly population will become a financial burden. When people get older and older, this means that more and more money from the national budget is spent on them. At a certain age, people will retire. Countries will need a lot of money to put into pension funds. And this is not easy for poor countries. Besides that, countries with low birth rates will significantly impact the workforce. The issue of people getting older leads to a shortage of entrepreneurial workers because the majority of the workforce will be composed of older people. Most of them will be traditional, set in their ways, and refuse to learn something new. This would be why high-tech devices will not be accepted in old businesses, which decreases the growth of companies in general and worsens the national economy in particular.
It is undeniable that elderly people benefit society. For some jobs requiring highly skillful abilities and intellect, such as doctors, scientists, and researchers, the older the people are, the more experience they gain. However, this is only beneficial if people have enough physical and mental condition to work and support themselves. Additionally, if they are well, they can continue to contribute to their countries. And senior citizens in this regard would serve as a nation's valuable intellectual property. Moreover, in families, older people-grandparents-can help raise children, which relieves the stressful financial burden of care costs for their parents.
Especially, through exposure to their previous generation, children can learn about the traditional values and customs that boost the preservation of traditionalism.
On the other hand, the aging population poses big challenges for the nation's budget and workforce. For countries that are not affluent, the growth of the elderly population will become a financial burden. When people get older and older, this means that more and more money from the national budget is spent on them. At a certain age, people will retire. Countries will need a lot of money to put into pension funds. And this is not easy for poor countries. Besides that, countries with low birth rates will significantly impact the workforce. The issue of people getting older leads to a shortage of entrepreneurial workers because the majority of the workforce will be composed of older people. Most of them will be traditional, set in their ways, and refuse to learn something new. This would be why high-tech devices will not be accepted in old businesses, which decreases the growth of companies in general and worsens the national economy in particular.
