Issues associated with ageing population

Question 1

social

Answer 1

• career stagnation: delayed retirement of senior staff
• caring for grandchildren
• flexibility and experience in workforce
• growth in number of volunteer workers
• less money available to fund facilities for younger people

Question 2

economic

Answer 2

• shrinking workforce leads to decline in economy
• some economic sectors will boom e.g providers of mobility equipment
• creation of jobs in health and social services e.g. residential/nursing homes
• declining tax base owing to declining active population
• demand for housing
• elderly spend savings=local multiplier effect
• less money spent on education and more on healthcare

Question 3

political

Answer 3

• grey voting power
• strain on health/social services more people with chronic illness
• strain on state pension provision