Which significant challenge does Japan face today? (1 point)Responses

Answer 1

One significant challenge that Japan faces today is its aging population. Japan has one of the highest proportions of elderly citizens in the world, with a declining birth rate and low immigration rates. This poses several challenges including a shrinking labor force, increasing healthcare and pension costs, and a strain on social services and infrastructure. The aging population also affects economic growth, as there are fewer workers to support the elderly population and stimulate consumer spending. Therefore, Japan needs to find innovative solutions to address this demographic challenge and ensure sustainable economic and social development.