Ageing population Flashcards

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1
Q

What are old dependents? (Ageing population)

A

Anyone over the age of 65

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2
Q

What are economically active individuals? (Ageing population)

A

People ages between 16-65 so contribute to taxes

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3
Q

Wha are young dependents? (Ageing population)

A

Anyone under the age of 16 and are in education

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4
Q

What is the equation for the dependency ratio? (Ageing population)

A

DR = (Dep pop / indep pop) x 100

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5
Q

What does a high dependancy ration mean? (Ageing population)

A

There is a great number of dependents for each independent

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6
Q

What are the reasons for an ageing population? (Ageing population)

A
  • Expense of having a child
  • Contraception
  • Vaccinations
  • Scientific advancements
  • Health care
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7
Q

What are the issues with an ageing population? (Ageing population)

A
  • Strain on health care
  • Pension crisis
  • Less children
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8
Q

How is Strain on health care a problem? (Ageing population)

A

Beds in hospitals are occupied for longer, expensive

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9
Q

How is the pension crisis a problem? (Ageing population)

A

A reduction in state pensions will mean people stay in their jobs for longer

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10
Q

How is having less children a problem? (Ageing population)

A

Money needs to be spent on older relatives so there will be a tax increase

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11
Q

What are the solutions to an ageing population? (Ageing population)

A
  • Increased birth rates
  • Increased retirement age
  • Encourages immigration
  • Care for the elderly
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12
Q

How does increasing birth rates help to solve the crisis of an ageing population? (Ageing population)

A
  • Larger working population when the children grow up

- Taxes & pensions

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13
Q

How does increasing retirement age help to solve the crisis of an ageing population? (Ageing population)

A
  • More people contribute taxes to state pension fund

- People will claim state pension for less time

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14
Q

How does encouraging immigration help to solve the crisis of an ageing population? (Ageing population)

A

Increase numbers of people working age

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15
Q

How does care for the elderly help to solve the crisis of an ageing population? (Ageing population)

A
  • Provide more nursing homes, hospital beds, doctors so ease the problems of old age
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16
Q

What are the issues associated with increased birth rates? (Ageing population)

A
  • 13 months paid maternity leave

- Child sick care (120 paid days per year per child)

17
Q

What are the issues associated with increased retirement age? (Ageing population)

A

Gradually rise between 2024 and 2046;

  • Women = 60-65
  • Men = 65-68
18
Q

What are the issues associated with encouraged immigration? (Ageing population)

A

Language barrier and many remittances sent home

19
Q

What are the issues associated with care for the elderly? (Ageing population)

A

Economically unsustainable

20
Q

In what ways is Norway pro-natalist? (Ageing population)

A
  • 12 months maternity leave
  • 90% of wages during leave
  • ‘Daddy quota’ (time off for new fathers)
21
Q

In what ways is Germany pro-natalist? (Ageing population)

A

Tax breaks for families with children

22
Q

How did the government change Italy’s long term declining birth rates? (Ageing population)

A

£685 incentive to couples who have a second child