Ageing Population - UK Flashcards
1
Q
Describe how pensions would affect the UK
A
- There will be an increase in the cost of providing state pensions as more people live for a longer period of time
2
Q
What are the impacts of an ageing population on the UK?
A
- Grandchildren now have got to work a lot harder to get a job
- People have started to retire at a later age
3
Q
What is the impact of ageing population done to future generations?
A
- There are not going to be enough jobs for them
4
Q
How would an ageing population affect the UK’s economy?
A
- Higher levels of health and personal care would be required which would then lead to increasing costs
- Less income tax and national insurance will be paid to the government which then reduces its ability to pay for increasing demands of health care