how can we insure that our youthful population constitutes a demographic dividend ' in the future?
Answers
Question:
how can we insure that our youthful population constitutes a demographic dividend ' in the future?
Answer :
Hello
Investments in today's youth population can position a country to achieve a demographic dividend, but the gains are neither automatic nor guaranteed. fostering better intellectual capacity.
To receive a demographic dividend, a country must go through a demographic transition where it switches from a largely rural agrarian economy with high fertility and mortality rates to an urban industrial society characterized by low fertility and mortality rates.
In simple words it means growth or change from a place to another For example The economic growth that results from a significant increase in the skilled working-age population (age 15-64). These changes are due to people living longer lives and having smaller families.
The good thing about having a youthful population are that there are lots of potential workers for the future. If there is a natural resource or industry that needs lots of labour, it can be in bountiful supply. This then generates tax income for the country.