All of the following are signs of an economic crisis except
2 answers:
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An ageing people with low fertility rate means that larger groups of Singaporeans are entering their retirement years, while a less number is entering the workforce. It is necessary to ensure that there are adequate working-age individuals to drive the scrimping and support an ageing population.
<h3>Why does Singapore have a low birth rate?</h3>
Singapore's resident population (defined as citizens and permanent residents) has shifted closer to stability as the birth rate has declined—a trend that will continue. The birth rate has fallen because of an expansion in the proportion of highly educated Singaporeans, who manage to have fewer children.
<h3>How can Singapore increase birth rate?</h3>
- Improve Grandparent Guardian Relief
- Reduce the levy for domestic helpers
- More sick children exit
- Change the Baby Bonus
- Working Mother's Child Relief and tax breaks enhanced
- Make "alone time" for parents
- Ability to operate more domestic helpers.
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