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What are the different types of consequences for a developed country?
The different types of consequences for a developed country are;
Health
Economy
Other
Health
More services, such as care homes, will need to be provided for the elderly
Citizens may be encouraged to invest in private health schemes
There will be an increased strain on the Health Service to meet the needs of the ageing population, for example heart medication, hip replacements, and dementia care will be required
Fewer children being born may lead to the amalgamation of maternity wards
Economy
An increase in the elderly population will lead to an increased cost of pensions for the government and increased tax contributions for the economically active population
There may be a lower unemployment rate in the future. However, a decrease in the economically active population may lead to a skills gap.
There may be an increase in robots doing the jobs of people
Other
More demands may be placed on adult children to care for elderly as the government cannot support the ageing population
In migration may need to be encouraged to fill job positions, this may lead to tension between different cultures and ethnic groups
Retirement age may need to increased