Economics · Demographic Transition
The 'First Demographic Dividend' is best described as:
- 1The increase in per-capita savings driven exclusively by declining infant mortality
- 2The permanent capital accumulation and human capital effect following population ageing
- 3A transitory economic boost arising from a temporarily high working-age proportion relative to dependents✓
- 4A permanent gain from reduced old-age dependency that persists beyond the transition
Correct answer
A transitory economic boost arising from a temporarily high working-age proportion relative to dependents
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