What is meant by the term 'Demographic Dividend'?
- AIncrease in year age group of population
- BIncrease in year age group of population
- CIncrease in year age group of population
- DIncrease in year age group of population
Solution & Step-by-step Explanation
Demographic dividend refers to the economic growth potential resulting from a shift in a population's age structure. This occurs when the working-age population (traditionally defined between or to years) outnumbers the non-working, dependent population.