The average age of the population for many nations has declined in the past few years which has resulted in an increased number of young people. Some individuals see it as positive as younger people are the driving force of the economy whereas some argue that elderly people have an associated experience which is important for the betterment of society. The larger number of young people has benefits but is also detrimental in some cases. Youth is the main contributor to the economy of a nation. The old people of the nation cannot do manual labour jobs such as carpenter, construction workers etc. For example, China has one of the best economies in the world and the reason for that as stated by many economists is a large number of young workers in the country. Another advantage of the increased number of young people is that young people are open to new ideas. The market as a whole keeps changing thereby there is a need to adapt and evolve with the changing trends of the market. Young people are not hindered by old-fashioned practices and hence can adapt more easily. On the other hand, old people have gathered knowledge and experience in years. No matter how skilled a person is, a venture can only be made successful with experience. Too many young people lead to a state where there are limited people with experience on higher posts. Handling difficult situations becomes a problem in such cases. In my opinion, both young and old people are an essential part of the nation and only a balance between the number of both can lead to a growing economy.
The average age of the population for
many
nations
has declined in the past few years which has resulted in an increased
number
of
young
people
.
Some
individuals
see
it as
positive
as younger
people
are the driving force of the
economy
whereas
some
argue that elderly
people
have an associated
experience
which is
important
for the betterment of society. The larger
number
of
young
people
has benefits
but
is
also
detrimental in
some
cases. Youth is the main contributor to the
economy
of a
nation
. The
old
people
of the
nation
cannot do manual
labour
jobs such as carpenter, construction workers etc.
For example
, China has one of the best
economies
in the world and the reason for that as stated by
many
economists is a large
number
of
young
workers in the country. Another advantage of the increased
number
of
young
people
is that
young
people
are open to new
ideas
. The market as a whole
keeps
changing thereby there is a need to adapt and evolve with the changing trends of the market.
Young
people
are not hindered by
old
-fashioned practices and
hence
can adapt more
easily
.
On the other hand
,
old
people
have gathered knowledge and
experience
in years. No matter how skilled a person is, a venture can
only
be made
successful with
experience
. Too
many
young
people
lead to a state where there
are limited
people
with
experience
on higher posts. Handling difficult situations becomes a problem in such cases. In my opinion, both
young
and
old
people
are an essential part of the
nation
and
only
a balance between the
number
of both can lead to a growing
economy
.