People are having fewer kids. Their choice is transforming the world's economy
October 30, 2025
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1:41Now PlayingPeople are having fewer kids. Their choice is transforming the world's economy
YouTube Description
as posted by the channelWorldwide, the number of children born to the average family has dropped by more than half since the 1970s, according to the latest United Nations data.
Economists say having fewer children is the norm for many families, especially in relatively prosperous countries like the U.S.
The trend is leading to populations that are dramatically older, and beginning to shrink, in many of the world's biggest economies.
Experts say a rapidly aging and gradually shrinking population in the world's wealthiest countries could force sweeping changes in people's lives, causing many to work longer before retirement, making it harder for business owners to find employees and destabilizing eldercare and health insurance programs.
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