Sunday, July 29, 2007

world in balance

Regardless of the rise or fall in human population, the society and economics of
a country will definitely feel the impact of such changes.

With the rise in human population, there will be more demands like more jobs
will need to be generated for the young workforce. However, economic problems
arise when the country is unable to meet the demand. For example India is unable
to keep pace with its growing population in creating six million new jobs a year.
The situation of unemployment in India is thus made worsen with youths joining the workforce jobless.

Eventually, this leads to social problems like poverty and increasing crime rates.The poor are forced to steal or rob so as to survive in today’s world. They are trapped in a poverty cycle as their children are unable to receive sufficient education thus having little or no skills for jobs with higher pay. Hence, socio-economic problems occurred due to the increase of human population.

The fall in human population results in the lack of young workers in the workforce. As the population of the old increase in the country, there will be a strain on the economy as there are insufficient young workers to generate enough revenue for the welfare of the elderly. Hence, the country may lack the resources and money to build necessary infrastructure like old folks’ home for the old. The social impact, in this case, is that the elderly in the country may not be well taken care of.

Besides that, it is also to note that the country suffering from a fall in human population may not be generating as much revenue as they could if there is a younger workforce. There are also fewer consumers with a drop in human population. This means that there is less business targeted for the younger age groups. Eventually, this affects the welfare of the elderly as less revenue means that there is less measures to take care of them since the country is unable to afford it.

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