Economics · Indian Economy
What does the term 'Demographic Dividend' refer to in an economy?
- 1An increase in the total fertility and birth rate
- 2An increase in the share of the elderly population
- 3A rise in the share of the working-age population relative to the non-working-age population✓
- 4A rapid decline in the crude death rate
Correct answer
A rise in the share of the working-age population relative to the non-working-age population
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