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world's home for the aged

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Why is Europe becoming the world's home for the aged? How is the population changing in Europe?

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In the first place, please note that there are many reasons to account for Europe's aged population boom. Experts suggest that "this world region has a total population of more than 500 million growing by almost 2 million per year. Available forecasts until the year 2050 project both substantial aging as well as a declining population at working age and a substantial increase in the number of retired people"

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Solution Summary

This job briefly cites reasons for Europe's nickname as "world's home for the aged.".