With increasing longevity of people, the proportion of older people is gradually increasing in almost all countries. While some people think the elderly are important since they have an extensive experience of various social systems, others believe this leads to loss of opportunities for youngsters and economic pressure on state's resources. I agree with the former view.
It is evident that the old people have a deeper understanding of social systems. They have spent a lifetime in a culture and, thus, have a deep knowledge of various rituals, customs, and traditions. Preserving these elements of a society is extremely important to maintain a unique cultural identity of a community. Otherwise, with the onslaught of western food, clothing, and language, people will lose their unique existence and will be assimilated into the western culture. For instance, while youngsters in India prefer wearing jeans and consume junk food at McDonald's, the elderly preserve the Gujarati, Punjabi and Tamil traditional dresses and food. Youngsters realize the importance of these items once they enter the mid-age.
On the other hand, a large percentage of elderly citizens exerts tremendous pressure on financial resources of the state. Since they have retired from service, the government pays them a pension without any economic contribution to the system. For example, the annual pension bill of Japan, one of the most aged societies of the world, has severely reduced the fund availability for other important areas such as infrastructure. Moreover, the elderly have strong work experience and many companies hire their services after retirement. This leads to fewer opportunities for youngsters. For instance, global corporations prefer hiring retired government employees to learn about government policy. This prevents youngsters from gaining experience in this domain.
In conclusion, I believe that though the elderly may adversely impact financial resources of a state and crowd-out the opportunities for youngsters, they are extremely beneficial to the society as they help build strong foundations of the society.
With increasing longevity of
people
, the proportion of older
people
is
gradually
increasing in almost all countries. While
some
people
think
the
elderly
are
important
since they have an extensive experience of various social systems, others believe this leads to loss of opportunities for youngsters and economic pressure on state's resources. I
agree
with the former view.
It is evident that the
old
people
have a deeper understanding of social systems. They have spent a lifetime in a culture and,
thus
, have a deep knowledge of various rituals, customs, and traditions. Preserving these elements of a
society
is
extremely
important
to maintain a unique cultural identity of a community.
Otherwise
, with the onslaught of western food, clothing, and language,
people
will lose their unique existence and will
be assimilated
into the western culture.
For instance
, while youngsters in India prefer wearing jeans and consume junk food at McDonald's, the
elderly
preserve the Gujarati, Punjabi and Tamil traditional dresses and food. Youngsters realize the importance of these items once they enter the mid-age.
On the other hand
, a large percentage of
elderly
citizens exerts tremendous pressure on financial resources of the state. Since they have retired from service, the
government
pays them a pension without any economic contribution to the system.
For example
, the annual pension bill of Japan, one of the most aged
societies
of the world, has
severely
reduced
the fund availability for other
important
areas such as infrastructure.
Moreover
, the
elderly
have strong work experience and
many
companies
hire their services after retirement. This leads to fewer opportunities for youngsters.
For instance
, global corporations prefer hiring retired
government
employees to learn about
government
policy. This
prevents
youngsters from gaining experience in this domain.
In conclusion
, I believe that though the
elderly
may
adversely
impact financial resources of a state and crowd-out the opportunities for youngsters, they are
extremely
beneficial to the
society
as they
help
build strong foundations of the
society
.