Impacts of ageing population
- Created by: Anya
- Created on: 17-05-14 09:47
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- Impacts of ageing poulation
- Economic
- Economy of country grows more slowly, less money is being spent on things that help economy grow
- Taxes are used to pay state pensions and for services like retirement homes. Taxes would need to be increased as there are more pensions to pay for
- Social
- People may have fewer children as they cant afford lots as elder relatives become dependent on them
- The more old people the lower the pension provided. People will have to retire later
- People spend more time working for older family members, have less leisure time
- Economic
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