Japan's Aging Crisis

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1.) According to the article, what are the two fundamental aspects of Japan's aging crisis?
The two fundamental aspects are the increase in the proportion of the elderly in the total population and the slower growth of the population due to the declining fertility rate.
2.) By 2030, what percentage of the Japanese population will be elderly dependents (aged 65+)? 
One in every three people will be 65 or older 2030 and one in five people will be 75 plus years old in 2030.
3.) What is the direct economic impact of Japan's aging population?
Japan's economic performance is impacted because the social security burden and benefits is increased, leading to a reduction of the labor force which helps to produce many goods.
4.) How is the Japanese government attempting to address the labor shortages?
The Japanese government is attempting to address the labor shortages in many different ways. For example, the Prime Minister created a program called "Womenomics" of which allows for women to have more economic opportunities so there are more people available for labor. Another example of what Japan is doing to fix this problem is, Japan is allowing more foreigners to work as sources of labor. Also, Japan is taking steps to support couples in raising children so more people will be encouraged to have children (i.e. free preschool). Finally, Japan is working on making health care easier to purchase and have so that people will be healthier and be able to work longer.

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