2019 · Q80
What do you mean by 'Demographic Dividend'?
General KnowledgeIndian Economy
- AA rise in the rate of economic growth due to a higher share of working age people in a population. 172
- BA rise in the rate of literacy due to development of educational institutions in different parts of the country.
- CA rise in the standard of living of the people due to the growth of alternative livelihood practices.
- DA rise in the gross employment ratio of a country due to government policies.
Explanation
The demographic dividend is the economic growth boost a country can get when its working-age population grows faster than its dependent population, raising savings and productive capacity. It is distinct from population growth per se or per-capita income levels. Hence the rise in the rate of economic growth due to a rising share of working-age people.