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Chapter 9: Q.d - For Critical Thinking (page 205)

Why do you suppose that the Japanese government is contemplating a policy of encouraging retired elderly people to move to the countryside? (Hint: Where are most capital resources located?)

Short Answer

Expert verified

The Japanese government is contemplating a policy of encouraging retired elderly people to move to the countryside in order to provide more household and work to the young population.

Step by step solution

01

introduction

Capital resources incorporate cash to begin another business, apparatuses, structures, hardware, and some other merchandise individuals make to deliver products and offer types of assistance.

02

explanation

If the retired elderly people move to the open country, there would be more houses for the youthful labour force, who could work and remain in the city and contribute to accomplishing higher monetary development. The youth labour force finds it difficult to look for occupations. Thus, the Japanese government believes that older individuals should move to the field after their retirement as the cost for most everyday items is low and they can spend the rest of their life calmly, far away from the disorder of the city life. That's what the other advantage is, in the meantime the youthful labour force can be employed for seasonal positions.

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