Trends observed in the shifting world population indicate that the average age of the world population in increasing. Also, the world's population aged over 80 is expected to more than double by the year 2040. Which of the following is a likely implication of such population trends?
A) decreasing demands on social entitlement programs
B) increasing global savings rates
C) dwindling labor supply
D) decreasing preference for white-collar occupations

Question

Quizplus · Accepted Answer

As the population ages, there will be fewer people in the labor force, potentially leading to a dwindling labor supply. This can have significant implications for the economy, including decreased economic growth and potentially higher labor costs for businesses. The other choices (A, B, and D) are not likely implications of an aging population. Social entitlement programs may actually have increased demands due to an aging population, global savings rates may not necessarily be linked to population aging, and there is no evidence to suggest that the preference for white-collar occupations will decrease as a result of aging population.

Trends Observed in the Shifting World Population Indicate That the Average