Demographic dividend
Understand the Problem
The question is asking for an explanation of the term 'demographic dividend,' which refers to the economic growth potential that can result from shifts in a population's age structure, particularly when the working-age population is larger than the non-working-age population. This typically occurs when fertility rates decline and life expectancy increases, leading to a higher proportion of the population being in the workforce.
Answer
Demographic dividend is economic growth from a shift in age structure, increasing the working-age population.
Demographic dividend is the accelerated economic growth that results from a shift in a country's age structure, typically occurring when fertility and mortality rates fall, increasing the working-age population.
Answer for screen readers
Demographic dividend is the accelerated economic growth that results from a shift in a country's age structure, typically occurring when fertility and mortality rates fall, increasing the working-age population.
More Information
The demographic dividend typically results from lower fertility and mortality rates, leading to a larger proportion of the population in the working-age group, which can enhance economic productivity and growth if supported by appropriate policies.
Tips
A common mistake is assuming the demographic dividend occurs automatically without supportive policies like education and employment opportunities.
Sources
- Demographic dividend - Wikipedia - en.wikipedia.org
- Investopedia on Demographic Dividend - investopedia.com
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