Solutions to a Slowly Growing/Declining Population Flashcards
1
Q
Incentives
A
Increase birth rate through offering incentives to have bigger families (e.g child / working tax credit, child trust fund)
2
Q
Paternity Benefits
A
More paternity benefits to ensure families have more support during the initial months.
3
Q
Increase Retirement Age
A
Higher retirement age to increase the number of taxpayers AND reduce the number receiving pensions.
4
Q
Female Employment
A
Increase female employment to raise tax revenue e.g. crèches in work place, equal pay, flexi time.
5
Q
Increase Tax
A
Increase taxes for the active population to plug any shortfall in a countries finances
6
Q
Immigration
A
Gov. may need to create more economically active / workers / consumers and tax payers through immigration.
