South Korea Faces Population Plunge to 1970s Levels
The South Korean government has warned that the country's population is on track to plummet to 1970s levels by the end of the century. This is due to a combination of factors, including low birth rates and an aging population. Other contributing factors include high socio-economic pressures that discourage young people from having children.
South Korea, is known for having the world's lowest birth rate. The country is about to witness an even steeper decline in the coming years. The nation's overall population is expected to drop to levels not seen since the 1970s.
This new data highlights a significant issue faced by South Korea, as well as other East Asian countries like Japan and Singapore. These nations are grappling with rapidly aging societies, only a few decades after their r...