The given statement is a much in debate. The number of elderly has increased over the years which has more positive impact on the economy of a nation. Older generation have worldly knowledge and can tackle any different situation easily. In the following paragraphs, I intent to put forth my arguments in support of my views.
To begin with, Older generation are have learnt from their past mistakes and can devise methods and strategies to increase the productivity, marketing and sales of a good. After years of experience in different fields, old people are often expert in a particular field in which they can perform best. This specialisation can be used to provide an edge to a nation from others. This can be illustrated with a help of an example; agriculture is the main source of earning of people in India since the 19th century. Indians have learnt about their weather conditions, soil and resources available and the ways to effectively utilise these resources to produce high quality rice at minimum cost.
The benefits should not undermine the disadvantages of surge in the number of aged people. If a country has more aged people, then there are less number of people who are fit to be employed, which hampers a country’s growth. Often citizens of these countries have a causal attitude and are not willing to contribute to the Country’s GDP. Further, up ticking older generation often leads various social issues such as increase in mortality rate, low birth rate and decrease in population and more unemployment.
In the end I would like to emphasize that a greater number of elderly is the demographics of a country provide outweighs its disadvantages and help a nation to efficiently utilise its resources and enhance their strength.
The
given
statement is a much in debate. The
number
of elderly has increased over the years which has more
positive
impact on the economy of a nation. Older generation have worldly knowledge and can tackle any
different
situation
easily
. In the following paragraphs, I
intent
to put forth my arguments in support of my views.
To
begin
with, Older generation are
have
learnt
from their past mistakes and can devise methods and strategies to increase the productivity, marketing and sales of a
good
. After years of experience in
different
fields,
old
people
are
often
expert in a particular field in which they can perform best. This
specialisation
can be
used
to provide an edge to a nation from others. This can
be illustrated
with a
help
of an example; agriculture is the main source of earning of
people
in India since the 19th century. Indians have
learnt
about their weather conditions, soil and resources available and the ways to
effectively
utilise
these resources to produce high quality rice at minimum cost.
The benefits should not undermine the disadvantages of surge in the
number
of aged
people
. If a
country
has more aged
people
, then there are less
number
of
people
who
are fit
to
be employed
, which hampers a
country’s
growth.
Often
citizens of these
countries
have a causal attitude and are not willing to contribute to the
Country’s
GDP.
Further
, up ticking older generation
often
leads various social issues such as increase in mortality rate, low birth rate and decrease in population and more unemployment.
In the
end
I would like to emphasize that a greater
number
of elderly is the demographics of a
country
provide outweighs its disadvantages and
help
a nation to
efficiently
utilise
its resources and enhance their strength.