Lilly Lutz Blog #20

1.) According to the article, what are the two fundamental aspects of Japan's aging crisis? - The two aspects of fundamental aspects of Japan's aging crisis are the increase in proportion of the elderly and the slower growth of population, which is causing the fertility rate to decline.

2.) By 2030, what percentage of the Japanese population will be elderly dependents (aged 65+)? - By the year 2030, 1 out of 3 people will be 65 or older, and 1 of 5 people will be 75 or older. 

 3.) What is the direct economic impact of Japan's aging population? - There is a direct impact of the economic growth by reducing the labor force. 

 4.) How is the Japanese government attempting to address the labor shortages? - The government will aim at structural and labor reforms, Elderly people and women will be encouraged to get jobs and be involved in the work force.

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