Slower population growth = ?
Slower economic growth
What are the 3 social changes?
1. Smaller families
2. Greater reliance on formal social support
3. Increased loneliness among elderly
Why do you not want to have babies?
(Open answer)
Fewer workers = ?
Less productivity + Slower economic growth
Which are the relevant pillars to this issue?
Social and economic.
What are the 3 things the government has to spend more on due to low birth rates?
1. Healthcare
2. Eldercare
3. Pensions
What does low birth rate in society mean for us?
More financial pressure, greater caregiving burden, and changes in daily life.
To stabilise the population, how many kids should each woman have for TRF?
2.1/woman!