Effects of Japan’s Ageing Population on Business

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Effects of Japan’s Ageing Population on Business

Introduction

Many nations in the world have faced with many problems of their population growth. However, the dominant factor in the next society might expose these problems in more details, which most people might begin to pay attention deeper on these problems such as the rapid growth in the amount of older population and the rapid shrinking of the younger generation, with the threats of demographic development such as welfare effects, social conflicts and reducing workforce, etc. Therefore, the government in each nation should have more considerations on these problems before it is growing to be the unsolved problems.

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Recently, this phenomenon is spreading its effect to many nations in this globe. Specifically in Japan, there are many researches and figures which can be clearly shown that Japan are staying at the highest position of the middle age’s average and also leading in the decline of population growth. This scale of the problem in Japan is unprecedented for the world. Therefore, Japan could be an example for many nations that are facing the same crisis which could learn how to handle or find out any solutions or policies to cope with this problem.

In one effect, this change created many problems in Japan such as the declination of workforce, extra welfare burden and the lack of opportunities and chances for new generation. It is also includes the issue integration of young and old people in workplaces. Nevertheless, aging population has not had only drawbacks. On the other hand, it is the opportunities for many companies to invent any innovations which suit with middle aged and old age groups.