Some people hold the view that demographic aging plays an indispensable role in the development of business, the economy and society while others disagree with this statement. Although there are several benefits from aging population to the social community, I would firmly argue that greying population is disadvantageous to the development of the nation.
On the one hand ,demographic aging is advantageous to business , the economy and society for several reasons . First of all , elderly people are often knowledgeable and well-experienced , thus , they can be better at making decisions and facing difficulties compared to the youngsters. As a result they can be adviser to political and economic organizations . Second of all, due to the fact that many young parents in current times are occupied by works , grandparents play a vital role in the family since they backup young parents by supervising and training the children. This is of paramount importance to the nation’s
On the other hand , I believe that greying population is harmful to the development of the national economy. First and foremost, demographic population is associated with scarcity of workforce owing to the fact that senior people are not only unable to dedicate to the thriving economy. As a consequence , the nation might be on the brink of economic downturn. If the world’s young generation was decreased gradually and there were only senior people, the younger generation would be overwhelmed by virtue of the pressure between profession and care for the elderly
In the final analysis , it seems to me that the drawbacks of demographic to the general development of the nation outweigh its advantages for the reasons mentioned above.