briefly discuss how the age composition of the population affects economic well-being of a nation.
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he effect of population growth can be positive or negative depending on the circumstances. A large population has the potential to be great for economic development, but limited resources and a larger population puts pressures on the resources that do exist. ... Different countries have different natural resources.
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Briefly discuss how the age composition of the population affects economic well-being of a nation.
Explanation:
- The age composition is the structural composition of the demographic population and is a form of the distribution of the population by there age characteristics and varies in the terms of the demographic behavior and systematic structure of the population with the ages. This is seen on terns of the mortality rates which also varies with the age.
- Apart from that the migration is the second most important aspect that affects the structural composition of the population and is a fundamental factor that defines the rate of the economic well being of and the standards of living.
- As the developing and the developed nations as the developing nations, a large and growing base of the and developed have a small and narrow base. And this affects the dependency ratio.
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- https://brainly.in/question/7901697 answered by Chiraag1112
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