192k views
2 votes
How can an aging pouplation impact Italys economy

User NCrazed
by
4.7k points

2 Answers

6 votes

With italy having a higher population of aged people it means that

1 the old aged people will need healthcare whic is expensive as it neeeds funding

2 economy will be affected since labour is not readily available

User Peter Bence
by
5.2k points
2 votes

Aging population impact Italy`s economy is by its decreased births. Italy is struggling with an aging population . If the country is growing older the economy will be declining faster.

Step-by-step explanation:

A shrinking population is accumulated older people resulting in less people in overall workforce . So The economy struggles with shut down of companies, and less jobs.

Youth unemployment is low in Italy, now its getting more difficult for youngsters to find job, which in turn encourages younger adults to look forward for foreign opportunities. Again this too cause population to decrease which in turn decline its economy

User Skin
by
5.7k points