Globally most of the developed nations like United States, Japan, etc. and most of the European countries are facing multiple economic, social and cultural problems owing to aging population which is a result of lessened birth rates. Economically this has resulted in major cut down in productivity, wealth and has caused increase in spending on pensions and healthcare. - See more at: http://www.aniruddhafriend-samirsinh.com/birth-rates-and-upbringing-of-children/#sthash.S9mpgQ3z.dpuf Globally most of the developed nations like United States, Japan, etc. and most of the European countries are facing multiple economic, social and cultural problems owing to aging population which is a result of lessened birth rates. Economically this has resulted in major cut down in productivity, wealth and has caused increase in spending on pensions and healthcare. Globally most of the developed nations like United States, Japan, etc. and most of the European countries are facing multiple...