A rapidly aging population refers to a demographic trend where the proportion of older individuals in a country's population is increasing at a fast pace. This occurs when there is a decline in fertility rates and an increase in life expectancy.
Related terms
Dependency Ratio: The dependency ratio measures the number of people who are not economically active (children and elderly) compared to those who are (working-age adults).
Social Security: Social security refers to government programs that provide financial assistance or benefits to retired or disabled individuals.
Healthcare System: The healthcare system encompasses all the institutions, resources, and services involved in delivering medical care to a population. It plays a crucial role in addressing the needs of an aging population.