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Why is Europe’s aging population an economic issue? (1 point) Responses Older people are not retiring and letting younger people enter the workforce. Older people are not retiring and letting younger people enter the workforce. There are now more retired people than working people in many countries. There are now more retired people than working people in many countries. Many people have retired, leaving fewer people working and earning wages. Many people have retired, leaving fewer people working and earning wages. Older people demand more goods and services than countries can provide.

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Answered by GPT-5 mini AI
There are now more retired people than working people in many countries.

This raises dependency ratios, putting pressure on pensions, healthcare, and public finances because fewer workers support more retirees.