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Is the Fertility Rate Declining?
Our Population is Under Threat
Introduction
Over the last two centuries the human population has significantly increased from 1 billion people in the year 1800 to currently just under 8 billion people. Between 1950 and 1987, the population had a dramatic increase, doubling from two and a half billion to five billion people. Why is this? This is because as technology has improved, the quality of life has followed accordingly – which has led to decrease in mortality rates as well as better care for the elderly. A combination of these factors means that there are more people on this planet. However, a dire problem is arising now – one that threatens our population growth dramatically. The population is predicted to peak in the mid 2080’s, before entering a decline. This is because of a decline in fertility rates. It has previously been the norm for women to prioritise the role of mother and housewife, and consequently it was valued as a moral imperative that they bear children. However, due to an empowerment of the rights and roles of women, more and more women are choosing not to have children. This has led to a decline which has now put our population in danger. The replacement rate, how many children must be born per woman to keep the population the same, stands at 2.1 children per woman. In many countries, the amount of children per woman is below this and as a result we will soon notice the results of having less people in the newest generation.
The Potential Threats
The consequences of this decline in fertility rates are far worse than they likely appear on the surface. However, the issues set to arise from a continuation of this trend are drastic and should be acted upon soon. Given the significant increase in the quality of life over the last couple centuries, our healthcare system is amazing — because of this mortality rates are at an all time low and people are living much longer lives, and this is continuously lengthening. Subsequently, the elderly will begin to outrank youths, which will significantly reform our economy, threatening to bring it to the brink of collapse. The first noticeable problems stem from the larger portion of the elderly population being retired, meaning that there will arise an imbalance in our labour force — more will be consumed and less will be produced. More retirees will also lead to a higher demand on the healthcare and retirement industries, as well as this the cost of living, albeit already high, will increase evermore to supplement the economic disruptions. This change in the cost of living will significantly impact our lives and economy and will scale up the cost of living crisis which is already in action — more and more people will be living in shared households, working for longer and delaying their retirement. These consequences of fertility rate decline will completely reshape our economy and productivity, so how can this be prevented and why is it happening?
Why are people not having children?
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