📉Birth rates have been declining globally, leading to population decline and an increase in the proportion of elderly people.
🌍Countries like South Korea and Japan are experiencing particularly low birth rates, which will have severe consequences for their populations.
💼Factors such as the cost of education, expectations of women in the workforce, and childcare availability impact birth rates.
🌱Efforts to reverse declining birth rates, such as cash incentives and subsidized healthcare, have proven unsuccessful.
👨👩👧👦Childcare availability and costs influence women's decisions to have children, affecting birth rates.