In some countries the percentage of 15 year-olds in the population is already significant and is continuing to grow. Are there more advantages or disadvantages to this trend?
Merits
A bright future for society since it will have an abundance of able-bodied adults to serve strategic sectors of economy.
This also promises innovation, new ideas and also continued enthusiasm to attain new goals in every walk of life.
The society will see more and more sporting personalities rising to prominence.
Increase in tax payer base in next 5 to 6 years, helping raise the revenues of governments
More people will be available to take care of those in their autumn years. (old people)
More economic productivity by virtue of these people consuming more and more goods and services.
Demerits
increased outlay on higher education and ancillary facilities
Rise in pollution.
Expected multiplication in the population over the next few decades, compelling governments to plan money intensive programs to bolster the rising populace
Rise in crime is a common phenomenon experienced in several societies
Intro 1
It is being observed that the numbers of individuals aged 15 are quite remarkable in many parts of the world, and their ratio is witnessing a growth. This phenomenon is being promoted as the one carrying numerous advantages, but some point out the drawbacks of this trend.
Intro 2
Many parts of the world are witnessing an increment in the populace aged 15. Even though this aspect has galvanized optimism, owing to the benefits this trend is expected to bring, there is some skepticism too because of certain pitfalls.
Intro 3
Does the phenomenon of an ever rising population of 15 years old carry more benefits, or drawbacks, is a matter worthy of profound analysis.
Such a demographic composition promises humongous benefits for society in economic terms, in the future. By virtue of having an abundant workforce of able-bodied and energetic young people at its disposal, the country is expected to reap rich yields in the form of economic productivity as these individuals will be contributing with their efforts and talent, in a myriad of strategic sectors. Besides this, governments can be assured of a rich bounty of revenues, collected from taxes, over the next five decades that will help them formulate and implement numerous developmental programs in disparate spheres of society, allowing a balanced and consistent growth.
Moreover, it is undeniable that a young demography forms a formidable consumer base that procures and uses goods and services, generating a colossal demand for more and more production, thereby creating umpteen employment opportunities across a cross-section of skills in various fields. This, consequently, also helps lay the foundation for innovation and improvements in products and services.
However, despite being laden with certain advantages, this phenomenon has some shortcomings too. The increasing proportion of teenagers also raises the prospects of exacerbating environmental pollution. The presence of a young populace is likely to result in more traveling, more production, higher consumption that will augment emission levels and deforestation. Furthermore, reckless young individuals also raise the probability of a rise in criminal activities, especially vandalism, forcing the state to invest extensively in law enforcement.
Overall, even though the rising populace of fifteen years old does have some detriments, the favors it promises far outshine the former as the perpetuation of progress in all walks of life can be ensured.
