If the country is not increasing in population growth rate, what are some socio/economic problems that might occur?
In such a situation, the average age of the population increases and, unless there is an actuarily sound retirement funding program (instead of "pay as you go", like our Social Security) fewer workers must pay for the retirement benefits of an increasing fraction of the population. This increases their tax burden and limits economic growth. There will also be a problem with a labor shortage in low-skilled service sector, making it necessary to use foreign workers or illegal aliens in low-paying jobs. Otherwise, the standard of living will fall.
oh! I see.
what exactly does increasing/decreasing population growth say about the country?
also, if birth and death rates remain the same, what is the population pyramid going to look like in a couple of decades?
This is not the kind of "science" question I expected. My area of expertise is physical sciences. Perhaps someone else can help you if you repost the question with the subject as "economics" or "social studies" or "demographics"
1 answer
The increasing or decreasing population growth rate of a country can tell us a lot about the economic and social conditions of the country. Generally, a high population growth rate indicates a young population, which is usually associated with a developing economy and a high fertility rate. A low population growth rate, on the other hand, indicates an aging population, which is usually associated with a mature economy and a low fertility rate.
In terms of the population pyramid, if the birth and death rates remain the same, the population pyramid will become increasingly top-heavy, with a larger proportion of the population being elderly. This can lead to a number of socio-economic problems, such as an increased burden on the working-age population to support the elderly, a decrease in the labor force, and a decrease in economic growth.