Monday, April 17, 2023

"According to the UN, nearly two-thirds of the world’s population lives in a region where the fertility rate is below the critical 2.1 threshold"

The declining school enrollment (and overall population) in Franklin is a reflection of a trend seen around the world. We share this infographic from Visual Capitalist:
"At the dawn of the 19th century, the world population hit a big milestone: 1 billion people.

Over the next 220 years, the number grew to eight times that, or the 8 billion people who live on the planet today, with half of the growth occurring since 1975.

This continuous climb in global population has been possible thanks to advancements in healthcare and nutrition. However, the UN forecasts that rapid growth will slow down—and may even stop entirely by 2100—because of falling fertility rates.

What does that mean for modern nation states conditioned to expect a constant influx of new citizens and labor to power their economies? And how can those changing economies adapt to a shrinking population?

To understand that, we need to first untangle fertility rates, and why they’re falling."
Continue reading about the fertility rate decline ->    https://www.visualcapitalist.com/worlds-plummeting-fertility-rate/ 



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