Consequences of ageing (decreasing) population

• May be an increase in robots doing the jobs of people
• Increase in elderly will lead to an increased cost of pensions to the government and increased tax contributions for the economically active population
• Citizens may be encouraged to invest in private health care schemes and/or pensions
• The falling birth rate may lead to a decline in demand for services for children such as schools
• In-migration may need to be encouraged which may lead to tensions between different cultures and or ethnic groups
• The retirement age may need to be increased and more services for the elderly needed such as care homes
• There will be an increased strain on health services to meet the needs of the ageing population, for example more hip replacements or heart medication.
• There may be more demand on the adult children to take care of their elderly parents
• There may be a lower unemployment rate in the future, however a decrease in the economically active population may lead to a skill gap