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According to the United Nations, the demography of world population will change dramatically in the near future. The changes will have a major impact on the economies and lifestyles of societies, particularly in industrialized nations, which may lead to the redistribution of global power and wealth. A brief history of population growth is first discussed and analyzed, followed by an analysis of consequences of the new demographic challenges of aging populations and varied birthrates throughout the world.

Population Growth

At the onset of the 21st century, a population explosion seems to be the biggest challenge of the years ahead. The long hours of morning and evening commutes, traffic jams, environmental pollution, the growing competition for parking spaces in malls during holiday seasons, and many other nuisances of ...

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