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Question : The "demographic dividend" refers to:

 

Option 1: A decrease in the population growth rate

Option 2: The economic benefits resulting from a young and growing population

Option 3: The decline in the working-age population

Option 4: The rise in the dependency ratio


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: The economic benefits resulting from a young and growing population


Solution : The correct answer is (b) The economic benefits resulting from a young and growing population.

The demographic dividend occurs when a country experiences a decline in fertility rates, resulting in a relatively large working-age population compared to the dependent population (children and elderly). This demographic shift can create a favorable demographic structure that presents opportunities for economic growth and development.

Overall, the demographic dividend refers to the economic advantages that can arise from a youthful population structure, provided appropriate investments are made in education, health, skills development, and employment opportunities to harness the potential of the working-age population.

 

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