aging-population

Vocabulary Word

Definition

'Aging Population' refers to when the median age of a country or population group rises. This means there are more older people, maybe because people are living longer or fewer children are being born.

Examples in Different Contexts

Creative industries are exploring ways to portray the experiences and stories of the elderly in films, literature, and art, contributing to a richer cultural tapestry.

Practice Scenarios

Public-Policy

Scenario:

With the increasing average age of our country’s population, we need consistent discussions on sustainable healthcare and pension provisions for senior citizens.

Response:

I agree. Given our aging population, it is crucial to reassess our current policies and create sustainable programs to accommodate their needs.

Business

Scenario:

Our newest product has primarily been targeted at millennials. However, considering that the percentage of seniors in our country is increasing, we should reassess our targeting strategy.

Response:

You're right, and we should consider developing new products tailored to the needs of our aging population and modify our marketing strategies accordingly.