what is dependency ratio? Why is dependency ratio higher in India?
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Answered by
36
Heya..
Dependence ratio is the measure of citizens which are completely dependent on the working age.
Children below the age of 15 and old people above the age of 60 are mostly considered to be dependents.
Nowadays due to the unemployment, some young people also don't have any job and thus considered as dependents. That is why,due to unemployment dependency ratio is higher in India.
Dependence ratio is the measure of citizens which are completely dependent on the working age.
Children below the age of 15 and old people above the age of 60 are mostly considered to be dependents.
Nowadays due to the unemployment, some young people also don't have any job and thus considered as dependents. That is why,due to unemployment dependency ratio is higher in India.
Answered by
21
The ratio of people of the dependent age group i.e. below 15 years of age and above 60 years of age, to people of the economically active and productive agei.e. between 15 years and 59 years is known as dependency ratio.
The dependency ratio is higher in India because a large number or proportion of children (29.5%) and aged population (8%) are found dependent upon the working population which constitutes 62.5% of the total population. The economically unproductive population needs food, clothing, education and medical care which have to be provided by the working population.
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