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The Age Of Elderly People

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Research shows that in developed nations the average number of elderly people is increasing or is bound to increase over the next decades. This is because the condition of living, the lifestyle in these nations supports the elderly to the point where their lives become sustainable even as they grow old. Nations like Sweden and Germany are already experiencing this. Currently, the number of young people in the world tops the list of the age groups with the most population. The world is also on the verge of transitioning to sustainable sources of energy and means of carrying out business. This means that in a matter of years, or rather decades, these young people will have attained the optimum levels of sustaining a population to advanced …show more content…

In order for a community based social and health care system to be established, the community has to find its significance in their lives and for the betterment of the society. The need of a Caregiving home is highly relevant and that is why it has sparked the initiative to have it established. The benefits of this institution spans out in a number of divergent ways, and they can be analyzed as follows. First, The economic benefits; currently, in the US the number of aged people is rising significantly, and it is heading towards north of twenty five million people, who are sixty plus years. Out of this number, twenty three million are financially insecure, leading a life of doubt and instability in terms of rising housing and health bills, inadequate nutrition, lack of access to transportation and diminishing savings. This category lives below the federal poverty levels and minor economic change alters their life completely for the worst. Argument for and against The reason why a community based care giving institution would be vital is because of the following economic factors: 1. Poverty measures – almost three quarters of the aged persons depend on the social security for their monthly, this is such small amount of money to cater for the daily expenditures in the current markets. The federal poverty level aid, which is usually 28, 725 dollars a year does not consider such factors as the loss of a spouse, dependent young

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