Unit 2 Topic 9

Question 1

What is aging population?

Answer 1

A population in which the proportion of elderly people is increasing
-Higher life expectancies
-Lower crude birth rates

Question 2

What are political consequences of an aging population?

Answer 2

Political power in that population can switch: Most voters in America are elderly people
Governments must create policies to care for those older folks

Question 3

What are social consequences of an aging population?

Answer 3

Child care benefits increase
The more a country industrializes, the most likely society is denied by the nuclear family instead of multigenerational households
Housing and retirement homes increase
Family structures/social stratification can change

Question 4

What are economic consequences of an aging population?

Answer 4

Dependency Ratio Increases
Labor Shortages
Pressure put on social security: A policy passed by the federal government in 1935 as a financial safety net for retired people.
Less money invested in education, technology, innovation, arts, etc.