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South Korea faces a record-low birth rate due to the YOLO generation prioritizing lifestyle choices over parenthood.
South Korea faces a record-low birth rate due to younger generations prioritizing consumerism and immediate gratification over parenthood.
Despite government incentives, the 'YOLO' generation focuses on lifestyle choices, leading to a demographic crisis.
South Korea plans to create a new ministry to address this issue, but efforts to incentivize starting families have not resonated with this generation, who face financial hardships, job insecurity, and high education costs.
8 months ago
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