Why is Europe's aging population an economic issue? (1 point)

A older people are not retiring and letting younger people enter the workforce
B there are now more retired people than working people in many countries
C many people have retired, leaving fewer people working and earning wages
D older people demand more goods and services than countries can provide

1 answer

The correct answer is B: there are now more retired people than working people in many countries.

This demographic shift can lead to economic challenges such as a smaller workforce, increased pension and healthcare costs, and potential declines in overall economic productivity.

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