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The Youth Dependency Ratio is a demographic metric that compares the number of individuals aged 0-14 to the working-age population, typically aged 15-64. It is used to assess the economic burden on the productive population and to plan for future educational, healthcare, and social service needs.
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Concept
Demographic transition is a model that describes the transformation of a country's population structure from high birth and death rates to low birth and death rates as it develops economically. This transition typically occurs in four stages: pre-industrial, transitioning, industrial, and post-industrial, each characterized by distinct demographic patterns and social changes.
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Age structure refers to the distribution of individuals of different ages within a population, which can significantly impact social, economic, and political dynamics. Understanding Age structure is crucial for planning in areas like healthcare, education, and workforce development, as it influences dependency ratios and potential economic growth.
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Population pyramids are graphical representations that show the age and gender distribution of a population, providing insights into its demographic structure and potential future trends. They are crucial for understanding societal dynamics, planning resources, and predicting economic and social challenges based on the age composition of a population.
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Economic burden refers to the financial strain experienced by individuals, businesses, or governments due to the cost of managing a particular issue, often including both direct and indirect expenses. It is crucial for policymakers to assess Economic burden to make informed decisions about resource allocation and to mitigate negative impacts on economic growth and social welfare.
Concept
The dependency ratio is a demographic measure that compares the proportion of dependents (people younger than 15 or older than 64) to the working-age population (ages 15-64). A higher dependency ratio indicates more pressure on the productive part of the population to support the non-working age groups, impacting economic growth and social services.
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Labor force participation measures the active portion of an economy's workforce, including those employed and those actively seeking employment. It is influenced by various factors such as economic conditions, demographic trends, and social norms, and is crucial for understanding economic growth and labor market dynamics.
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Fertility rates measure the average number of children born to a woman over her lifetime and are crucial for understanding population growth and demographic changes. They are influenced by various factors including economic conditions, cultural norms, healthcare access, and government policies.
Concept
Population growth refers to the increase in the number of individuals in a population, driven by factors such as birth rates, death rates, immigration, and emigration. It has significant implications for resource allocation, economic development, and environmental sustainability, necessitating careful management and policy planning.
Concept
The Economic Dependency Ratio is a measure that compares the proportion of individuals typically not in the labor force (dependents) to those typically in the labor force (workers), indicating the pressure on productive population to support the non-working population. A higher ratio suggests greater financial and social burdens on the working population, impacting economic growth and sustainability.
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