Key insights
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1
Economic Factors Driving Decline
Economic instability and the rising cost of living are significant factors contributing to lower birth rates. Many couples are delaying or opting out of having children due to financial concerns.
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2
Societal Norms and Career Opportunities
There is a shift in societal norms where more women prioritize education and career over starting families. This change is contributing to delayed childbirth and reduced fertility rates.
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3
Impact on Aging Populations
A declining birth rate leads to an aging population, which can create economic and social challenges, such as increased pressure on healthcare systems and pension schemes.