ELI5: Explain Like I'm 5

Aging of Japan

Aging of Japan means that there are more older people in Japan than younger people. This is a problem because there are not enough younger people to support the older people. This means that there is not enough money for retirement plans, medical care, and other services for older people. To try and fix this problem, the government has made laws like lowering taxes for younger people and raising taxes for older people to help pay for the services. The government has also encouraged young people to have more children by giving them money, but this has not worked as well as they had hoped.