Question

What are the economic and social implications of an ageing population in Kerala?

1. A declining birth rate may lead to a shortage of young workers, potentially impacting productivity and economic growth.
2. An increasing elderly population reduces the dependency ratio, alleviating pressure on social security and healthcare systems.
3. The state needs to adapt its economic and welfare structures to cater to the needs of its growing elderly population.
4. An ageing population generally leads to lower healthcare costs for the government.

• A. All
• B. 3 only
• C. 1, 3
• D. 1 only

Answer 1

Answer:

C. 1, 3

• The shift towards an ageing population in Kerala brings about several key economic and social consequences.

• A notable effect is the potential for a reduced younger workforce, which can impact overall productivity and hinder economic expansion.

• Furthermore, a larger elderly demographic increases the dependency ratio, placing a greater strain on existing social security programs and healthcare infrastructure.

• Consequently, the state must proactively adjust its economic policies and social welfare systems to effectively address the specific needs and challenges presented by its ageing populace, ensuring a sustainable and supportive environment for all age groups.