The major technological, socioeconomic, and cultural change in the late 18th and early 19th century, resulting from the replacement of an economy based on manual labor to one dominated by industry and machine manufacturing.
Industrialized countries are defined by measures of economic growth and security. Most commonly, the criteria for evaluating the degree of development is to look at the gross domestic product (GDP), the per capita income, the level of industrialization, the amount of widespread infrastructure, and the general standard of living.
In the field of public health, the infant mortality rate is a commonly used statistical measure that is defined as the ratio of infant deaths to live births.
As Malaysia has a life-expectancy of close to 76 years and a declining birth rate, the Malaysian Trade Union Congress (MTUC) is encouraging a Minimum Retirement Age Bill in Congress. Since an agingpopulation presents a financial burden, making workers work longer would allow them to be taxed longer. Other countries in the region, including Singapore, Laos, Thailand, and the Philippines already have a retirement age to address these same issues.
Most Western countries industrialized by the nineteenth century but the Industrial Revolution is still occurring around the world. One schematic by which one can divide the world is between industrialized and non-industrialized countries. Industrialized countries are defined by measures of economic growth and security. Most commonly, the criteria for evaluating the degree of development is to look at the gross domestic product (GDP), the per capita income, the level of industrialization, the amount of widespread infrastructure, and the general standard of living. Countries that score poorly on these scales are considered to be non-industrialized, though it should be noted that non-industrialized countries are undergoing the process of industrialization.
All over the world, people are living longer than ever before. However, while the trend of a growing older population appears the world over, people in industrialized nations are older than people in non-industrialized nations. Thus, while people in all countries are living longer than prior generations, people in industrialized nations live longer than people in non-industrialized nations. According to the Population Research Bureau, the average life expectancy in Africa is 53, in North America is 78, in Latin America is 73, in Asia is 68, in Europe is 75, and in Oceania is 75. Worldwide, about 8% of the total global population is over the age of 65, while about 12% of Americans are over the age of 65.
How can one explain this disparity? Industrialization brings money into an economy. With this influx of capital, countries are able to develop more robust social supports to assist a population. Further, development can create jobs, enabling people to better fend for themselves. Food and healthcare are more widely available. Better living conditions and healthcare both limit the infant mortality rate, which is the percentage of children who die before turning one year old, and extend the average life expectancy. Both of these trends encourage the growth of an older population.