I'm working on a TL which is actually ASB, but has an event which could arise in non-ASB situations.
So in 1956, something happens which causes the population to fall drastically. Could be a disease affecting fertility levels say, or something infectious like the post WW1 flu epidemic which persists for a long time. By the 1970s the UK population has fallen to around 40m instead of being about 55m as it actually was. After that the population starts to pick up again. A similar situation applies world wide, with some areas even worse affected. (There are some ASB elements too which I haven't included here.)
What sort of economic effects might this cause?
So in 1956, something happens which causes the population to fall drastically. Could be a disease affecting fertility levels say, or something infectious like the post WW1 flu epidemic which persists for a long time. By the 1970s the UK population has fallen to around 40m instead of being about 55m as it actually was. After that the population starts to pick up again. A similar situation applies world wide, with some areas even worse affected. (There are some ASB elements too which I haven't included here.)
What sort of economic effects might this cause?