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A larger proportion of ageing people can add experience to the workforce. Older people often have higher accumulated savings per head than younger people. The second largest expenditure of most governments is education and these expenses will tend to fall with an ageing population, especially as fewer young people would probably continue into tertiary education as they would be in demand as part of the work force.
In summary, the over 55's may spend less time in paid employment than their younger compatriots, but that does not necessarily mean they are a burden. Activity is not worthless just because it is unpaid and larger numbers of older persons should increase time given to voluntary activities. (It is probable, too, that these activities could become more 'valuable' in the future as better educated cohorts reach retirement age. Volunteers, as indeed they do now, may offer legal, accounting, computer or other expensive skills freely to family or voluntary organizations).
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∙ 14y ago
Population provides a larger workforce, which can drive economic growth and innovation. It also leads to a bigger market for goods and services, stimulating business activity. Additionally, a diverse population can bring different perspectives and ideas to society, fostering creativity and problem-solving.
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∙ 14y agomany new technologies will arise
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How has population growth affected India's economy?
Population growth in India has contributed to a large and diverse labor force, which can be both an advantage and a challenge for the economy. On one hand, it has fueled domestic consumption and production. However, managing the demands of a growing population in terms of resources, infrastructure, and employment opportunities remains a key challenge for India's economic development.
What is a synonym for privilege?
Prerogative, right, entitlement, advantage...
Why is it better to have a large population?
A large population can bring economic benefits through increased labor force, consumer base, and diversity of skills. However, challenges such as resource scarcity, strain on infrastructure, and environmental impact can also arise with a large population.
What is the population in British Columbia in 2008?
Population: 4,110,000.Population: 4,110,000.Population: 4,110,000.Population: 4,110,000.Population: 4,110,000.Population: 4,110,000.
What is the population of Nottingham?
As of 2021, the population of Nottingham, England is estimated to be around 330,000 people.
How the population can be an advantage?
1. population is the actual process of data collection of material or animls
What are the advantage of over population?
More people to f***
What are the advantages of population growth?
Slower population growth is an advantage as less amount of money needs to be spent on the young population
What had greater strength in population and indestry in the American Civil War?
In the US Civil War, the North had the advantage in population and industry. The South had the advantage of better officers, and that they were defending their homes.
What are the advantages of slower population growth?
Slower population growth is an advantage as less amount of money needs to be spent on the young population
Why is population an advantage?
becaus eyou more to do and more people to save you
What was one of the main advantage of the south?
The strong support of its white population.
What is a feature called that provides a selective advantage to a population?
Adaptation, yo.
What is the advantage of less population in Asian countries?
Less population means more benefits, services and prosperity for everyone. A controlled population strives better.
If population is seen as potential demand can you consider it as an advantage or disadvantage?
population and the increase of it is a advantage because with more people wanting your same supply of supply and demand you can raise your price and make more money , there is more of this at http://bussinessmouse.googlepages.com
What are the advantage and disadvantage of colonial education in African society?
The biggest advantage of colonial education in the African society was that it provided a stable educational system that suited a portion of the population. The biggest disadvantage was that a large portion of the population could not participate.
Disadvantages of the reproductive health bill?
Dis advantage of rh bill is increase population.
