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Part 3

Band 6+: What are the long-term implications of an aging population for the global economy and social welfare systems?

Note: Both the topic and the answer were submitted by one of our users.
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Polished transcript:
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I consider the implications of the aging global population will impact all people, especially in the healthcare system and social security programs. It's well known that recent generations have a higher percentage of older people, not just young people. This might cause a lack of attention for the entire population of older individuals, while also creating a burden on many programs aimed at social development for them. These programs rely on the economy and the people who are driving the economy of countries, particularly young people. The more saturated the support becomes, the greater the impact will be on younger generations who are expected to provide enough resources for older individuals. However, if the government only reflects programs and campaigns to help older people, it may discourage young people from making an effort to work.
Actual audio transcript (What native speakers are likely to hear):

I consider the implication for global population is going to be impacting all people, especially in the healthcare system and social security programs. It’s well known that recent generations are more percentage of older people, not only young people. So this might cause lack of attention for all the population of old people, but also creating a cross with so much programs about social development for them. These programs are relied on the economy and the people who are developing the economy of countries or young people so the more saturated the support is going to be for all people. The impact is going to be more for young generations who are willing to provide enough resources for them. However, if the government is just reflecting programs and campaigns to help all people is gonna be making young people not keep an effort of working.

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Speaking Time: 54 seconds

Answers On The Same Topic:

What are the long-term implications of an aging population for the global economy and social welfare systems?

The aging population means less working population, so I feel like when the working population decreases, the social economic system on that country will decline as well eventually. If the aging population is not followed by new working population and happens in the long term, it would be a big country, so it would be […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

From my perspective, long term implications of an edging power illusion have a significant impact on social welfare systems because older persons need more health care when they get and also in jobs opportunities if they constantly working for companies are government so it might be difficult for young generations to find a job in […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

The coming of aging society needs to be reduced in the labor world and it’s caused a lot on the healthcare system. Especially in Thailand, we have a universal coverage that many people can’t access to the hospital easily because they are just paid for 30 baht and can get a good medical so which […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

I think the ageing population is not good for global economy and for our country because as we know with ageing population our country will become not developed and many workplaces will become empty for preventing it I think many couples must have at least two kids to prevent it

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