The __________ results from an increase in the proportion of workers relative to nonworkers in the population.

Question

Question

This question was previously asked in

SSC CHSL Exam 2024 Tier-I Official Paper (Held On: 11 Jul, 2024 Shift 3)

Answer 1

The correct answer is demographic dividend

Key Points

The term demographic dividend refers to the economic growth potential that can result from shifts in a population’s age structure.
This shift occurs when the proportion of the working-age population (15-64 years) is larger compared to the non-working-age population (below 15 and above 64 years).
During this period, the workforce grows more rapidly than the dependent population, providing a window of opportunity for economic growth.
To harness the demographic dividend, it is crucial to invest in health, education, and employment opportunities.

Additional Information

The concept of the demographic dividend is closely linked to the demographic transition theory, which describes the transition from high birth and death rates to lower birth and death rates as a country develops.
Countries in different stages of this transition can experience varying economic impacts based on their demographic profiles.
Effective policy measures and investments in human capital are essential to convert the demographic potential into actual economic benefits.