Consequences of an Ageing Population In MEDC's.

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Consequences of an Ageing Population In MEDC’s

  • Career Stagnation

As a result of “Later Retirement” those lower down in say a company for instance are refused promotion or job rotation because these positions are already occupied by the elder generations.

Those who suffer from this implication are less likely to work to there full potential and many will leave that job and become unemployed, this could lead to pension reduction and a reduction in the quality of life for the retired elderly (because eventually nearly everyone retires).

The population as a whole will also fee l the impact not only will the jobs available be boring and underpaid there won’t be many available.

  • Growth in “Grey Power”

As the ageing population increases so do the liberties they require. “Grey Power” is a stereotypical name given to the elderly who are campaigning for better rights.

The elderly now have a better standard of living because although most are retired they act as a sort of trade union. Together they are able to influence the government accordingly to meet there needs.

As a result of this the UK as a whole is forced to pay more tax for example in order to facilitate the needs of the elderly.

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  • Increased Reliance on Families

As people live older their reliance on their family increases not just financially but also to offer care and support.

The elderly these days are able to rely on their family however as the birth rate decreases in future the elderly are likely to have little if not no family to rely on.

As a result of this increased reliance families are forced to spend more time and money looking after parents/grandparent etc.

  • Increased National Spending

Although the government is spending the same amount of money on the welfare of each elderly ...

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