Society is built on the fact that when you get old, there are workers to do things like run hospitals, grocery stores, and restaurants. At some point, the demand placed by the elderly on the young will be too great and society will collapse. A birth rate below 2 has catastrophic consequences.
Their birthdate is 0.81. They will go extinct if there aren’t radical changes in South Korea.
Companies need to eliminate the 9-midnight + weekends culture and women need to leave the workplace. Out of 10 women in Korea, 8 have 1 child.
Korea is broken. The population is set to drop from 50M to 16M by 2060, within our lifetime.
Exponential decays mean that they won’t go extinct. But they will decline.
100 years ago they were having 10 kids each.
It is due to overwork and lack of decent housing that has changed.
Society is built on the fact that when you get old, there are workers to do things like run hospitals, grocery stores, and restaurants. At some point, the demand placed by the elderly on the young will be too great and society will collapse. A birth rate below 2 has catastrophic consequences.