what are the advantages of having knowledge of dependency ratio.
Answers
Explanation:
A low dependency ratio means that there are sufficient people working who can support the dependent population. A lower ratio could allow for better pensions and better health care for citizens. A higher ratio indicates more financial stress on working people and possible political instability.
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Advantages of having knowledge of dependency ratio are: - To find the total dependent people. - To find the total independent people. - To know how many people are depended to each independent people.
If there are enough people working to sustain the dependent population, the dependence ratio will be low. Better health care and pensions for citizens might be possible with a lower ratio. A greater percentage suggests that working people are under more financial strain and that there may be political instability.