The factors that let the birthrate fall are everywhere the same:
1. Better education > Women don’t have to become housewives in order to “survive”
2. Economic pressure to earn money > not being able to afford children
3. Climate, societal and political outlook is uncertain> People don’t want children.
4. Couples want to spend more time together > Couples delay making children
5. Medical advancements and healthier lifestyles > old people live longer so inheritance doesn’t trickle down to their children (point 2)
In South Korea all factors are just dialed to an extreme.
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