Impacts of ageing population

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  • 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

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