What do you think will happen in a country if majority of the population is composed of elderly or senior citizens?
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What do you think will happen in a country if majority of the population is composed of elderly or senior citizens?
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Answer:
-The share of the population aged 60 and over is projected to increase in nearly every country in the world between today and 2050. An aging population tends to lower labor-force participation and savings rates, and may slow economic growth. ... These declines would translate into moderately slower economic growth
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