Population Aging
Population aging refers to the increasing median age in a population due to declining birth rates and longer life expectancy. As more people live into their 70s, 80s, and beyond, there are fewer younger individuals to balance the demographics. This shift can lead to a higher proportion of older adults, which impacts society, the economy, and healthcare systems. Countries may face challenges like increased demand for medical care, pension systems strain, and a smaller workforce. Understanding population aging is crucial for planning future resources and supporting the needs of an older population.
Additional Insights
-
Population aging refers to the increasing proportion of older individuals in a society as life expectancy rises and birth rates decline. This demographic shift occurs when more people live longer, often due to advancements in healthcare and living conditions, while fewer children are born. As a result, countries may face challenges such as a shrinking workforce, increased healthcare costs, and the need for social support systems for the elderly. Understanding population aging is crucial for planning economic, healthcare, and social services to support an aging population effectively.