How does Demograpical Dividend helps in the growth of economy of a country?
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Demographic dividend is an occurrence in a country that enjoys accelerated economic growth that stems from the decline in fertility and mortality rates. ... In the initial stages of this transition, fertility rates fall, leading to a labor force that is temporarily growing faster than the population dependent on it.
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this may help you.
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It helps in many ways: ✍✍✍✍✍ 1.Swelling of the labour force, as more people reach working age. 2.Investing fiscal to divert resources from spending on children to investing in physical and human infrastructure. 3.Rise in women work force which can be a new source of growth. 4.Increase in savings rate, as the working age also happens to be the prime period for saving. Hope it helps
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