2.9 Aging Populations

• Demographic shifts in aging populations result in a higher median age and a greater dependency ratio.
• Aging populations experience a decline in labor force participation due to retirement.
• Aging populations have lower healthcare needs compared to non-aging populations.

  False
• Aging populations are those with an increasing proportion of older adults
• Aging populations have a lower labor force participation
• What are some strategies to address the economic impacts of aging populations?

  Later retirement, productivity, reforms
• Match the economic impact with its effect on aging populations:

  Labor Force Decline ↔️ Decreased productivity

  Increased Government Spending ↔️ Higher dependency ratio

  Economic Growth ↔️ Slower pace

  Dependency Ratio ↔️ Increases
• Encouraging later retirement can reduce the dependency ratio
• Aging populations have the same demographic profiles as non-aging populations.

  False
• The dependency ratio is lower in aging populations than in non-aging populations.

  False
• Declining birth rates increase the proportion of younger people in a population.

  False
• Government spending on pensions increases in aging populations.


  True
• Labor force participation is higher in aging populations than in non-aging populations.

  False
• Median age is higher in aging populations compared to non-aging populations.

  True
• What is the impact of declining birth rates on aging populations?

  Reduces younger population proportion
• The economic impacts of aging populations include a decline in the labor force
• What is one societal impact of aging populations related to healthcare needs?

  Greater demand for services
• What is the goal of promoting productivity in aging populations?

  Offset labor force decline
• Aging populations are characterized by an increasing proportion of adults aged 65 and above
• Aging populations typically have a higher median age compared to non-aging populations.
• Arrange the factors contributing to aging populations in order of their impact:

  1️⃣ Declining birth rates

  2️⃣ Increased life expectancy
• Match the factor with its impact on aging populations:

  Declining birth rates ↔️ Reduces the proportion of younger people

  Increased life expectancy ↔️ Increases the proportion of older adults
• Economic growth in aging populations is slower due to a shrinking labor force.
• What are the two main drivers of aging populations?

  Declining birth rates and increased life expectancy
• What statistical data do demographics describe?

  Population characteristics
• Increased life expectancy contributes to a higher median age in aging populations.


  True
• What happens to the labor force in aging populations compared to non-aging populations?

  Decreases
• Declining labor force participation in aging populations can lead to potential skills shortages.


  True