The concept of 'demographic dividend' is most relevant to which of the following
Practice Questions
Q1
The concept of 'demographic dividend' is most relevant to which of the following?
Aging population
Youthful population
Population decline
Population stagnation
Questions & Step-by-Step Solutions
The concept of 'demographic dividend' is most relevant to which of the following?
Step 1: Understand what 'demographic dividend' means. It refers to the economic growth potential that can result from shifts in a population's age structure.
Step 2: Identify the key factor for a demographic dividend, which is having a large working-age population compared to the non-working-age population (children and elderly).
Step 3: Recognize that a youthful population can lead to a larger working-age group as more people enter the workforce.
Step 4: Conclude that when the working-age population is larger, it can boost economic growth because more people are available to work and contribute to the economy.