THE IMPACT OF POPULATION AGING ON RESIDENT CONSUMPTION

This article examines the impact of population aging on resident consumption patterns. As the global population continues to age, significant shifts in consumption behavior are observed, affecting various sectors of the economy. The study analyzes demographic trends and their implications for consumer spending, focusing on differences in expenditure between younger and older age groups. Key areas of investigation include healthcare, housing, leisure, and daily necessities. The article also explores the economic consequences of an aging population, such as changes in demand for certain goods and services, and the potential strain on public resources. By understanding these dynamics, policymakers and businesses can better anticipate and address the needs of an aging society, ensuring sustainable economic growth and improved quality of life for all residents. The findings highlight the importance of adaptive strategies in both public and private sectors to accommodate the evolving consumption landscape driven by demographic changes.