what is dependeny ratio ? why is dependency ratio higher in india ? Mention any two reasons?
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The percentage of people depending in working class is known as dependency ratio. In India, all those who are below the age of 15 years of above the age of 59 years falls under this category.
Causes of higher dependency :
i) Very high birth rate.
ii) Increase in life expectancy.
iii) Very low death rate.
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