List several political, social and economic consequences of having a shrinking workforce population (aged 18-64 years) relative to a growing population of older adults (>65 years) in developed countries

Answers

Answer 1

Answer:

The consequences of a shrinking workforce population include:

Political:

Decision-making domination by the older adults

Government by the aged (gerontocracy), who may be more concerned with their today than with the future.

More conservative political thoughts and practices

Social:

Lack of adequate welfare system

Negative impact on education and innovation

Decline in socio-cultural activities

Stressed family life

Reduced labor market

Pressure on the healthcare facilities and social insurance

Economic:

Reduced workforce

Decline in labor productivity

Higher labor costs

Contraction of businesses  

Lack of international competitiveness

Deteriorating fiscal balance

Explanation:

A shrinking workforce population is filled by more aged adults than children and youth.  This situation increases the dependency ratio.  It constrains the healthcare system and increases the need for governments to pay out more in benefits to the less-productive class without commensurate support from the workforce population.


Related Questions

A patient is a member of a health plan that has a 20 percent discount from the provider and a 15 percent copay. If the day’s charges are $210, what are the amounts that the HMO and the patient each pay?

Answers

Answer:

300

Explanation:

when you mutilpy 20 and 15 you get 300 then you dived 210 by 15 and you get 300

Amount pay by HMO and Patient are $33.6 and $134.4

Given:

Amount of charge per day = $210

Percentage of discount = 20%

Percentage pay by HMO = 15%

Find:

Amount pay by HMO and Patient

Computation:

Total amount pay = Amount of charge per day - Percentage of discount

Total amount pay = 210 - 20%

Total amount pay = $168

Amount pay by HMO = 168 × 20%

Amount pay by HMO = $33.6

Amount pay by Patient = 168 - 33.6

Amount pay by Patient = $134.4

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List and describe the four anatomical landmarks where body fat is measured using skinfold calipers.

Answers

Biceps, Triceps, Subscapular, Iliac crest
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