Japans Aging Crisis

1.) According to the article, what are the two fundamental aspects of Japan's aging crisis?

 One aspect is the increase in the proportion of the elderly in the total population. The other is the slower growth of the population, arising directly from the declining fertility rate 

2.) By 2030, what percentage of the Japanese population will be elderly dependents (aged 65+)?

In the article it says that by 2030 1 in 3 people will be over the age of 65 in Japan. This is also equivalent to .33%.

3.) What is the direct economic impact of Japan's aging population?

The latter has a direct impact on economic growth by reducing the labor force, which is a major factor in production. This is telling that with their population being this old many of them can't work and this leaves many jobs open and it is really making it hard for Japan.

4.) How is the Japanese government attempting to address the labor shortages?

Some of the things they are doing are taking steps to support young couples in raising children, for instance, making preschool education free. His government has set a target of increasing the fertility rate back to 1.8 by 2025. Another thing that they are doing id encouraging more businesses to hire female workers. This will make up for some of the people that have retired because of old age. 

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