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Ageing population

A change in the age structure of the population within a country, a rising average age and a growing number of people living beyond the standard working ages. Population ageing happens when the median age of a country or region rises due to rising life expectancy and/or declining fertility rates.

An ageing population refers to a situation in which the proportion of older people in a population is increasing relative to the number of younger people. An ageing population can be caused by a variety of factors, including declining fertility rates, increasing life expectancy, and changes in the age structure of the population. An ageing population can have a number of economic, social, and cultural impacts, including an increased burden on social services and pension systems, a declining labor force, and changes in patterns of consumption and leisure.

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