Some people believe that the aging population is good for business, the economy and society. Other, howeve, disagree with this view. Discuss both views and give your opinion

Some people consider increasingly ageing populations as an economic and social threat while others against this idea. In this essay, I am going to discuss this question from both points of view and give my own perspective.
On the one side of the argument, there are some economic and social benefits associated with an ageing population. Firstly, senior workers are able to contribute to some sectors such as teaching,
management, scientific research and politics thanks to their extensive experience. We often see top executives in their 50s doing consultation sessions and help companies function more efficiently, or old teachers coaching students for contests because of their vast knowledge and hands-on experience. Second, as most people in modern times are busy with tasks at the workplace, elderly members like grandparents can do the babysitting, relieving parents’ worries of their children lacking in moral support or leisure activities.
On the other hand, it can be argued by some that people living longer than ever before has some negative consequences. The main reason for believing this is that ageing population can impose heavy
pressure on the economy and the healthcare system. Hospitals will be flooded with elderly citizens searching for medical treatments while the labour force also suffers due to the shortage of productive workers who often make the biggest contribution to society. Secondly, more old people would pose a burden to families as parents would have to take care of older family members, and no doubt aged citizens tend to be conservative and stubborn, causing frequent conflicts probably.

In conclusion, I believe that both arguments have their own merits. However, on balance, I feel that benefits associated with aging population, they are overweighed by the large nagative economic and social problems it creats.