Ageing population - Advantages and Disadvantages
- Created by: Ellie R
- Created on: 02-06-13 19:06
View mindmap
- AGEING POPULATION
- A high population of elderly people over the age of 65.
- ADVANTAGES
- Fewer people will be unemployed as the percentage of elderly who are retired increases.
- Some elderly work without pay in places such as charity shops.
- There will be a growth in the leisure industry with firms wanting to grab the 'grey pound'
- DISADVANTAGES
- Pension age will have to increase. At present the old age pension is paid at age 65. This will increase in steps to 68 by 2046.
- Much greater demand on health care and care homes. People might have to sell their homes to afford these.
- Taxes are likely to increase to pay for services and pensions.
- Money spent on education might be cut to spend on the elderly instead.
- People live longer, and so more houses are needed, using up large amounts of land.
Comments
No comments have yet been made