- Decrease in workforce as most over 65 will not work (skills gap, job gap)
- Increase in Dependency Ratio
- Need for Immigrant Labour
1 of 5
How do you work out the Dependency Ratio?
Young Dependents % + Old Dependents % / Working Population % x 100
In the EU - Young is under 19 & Old is over 60
Examples: Germany = 52, Nigeria = 86, World Average = 53, Chad = 98
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What type of country has a Youthful Population?
LICs e.g. Mali, Gambia
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What type of country has a Aging Population?
HICs e.g. Germany, Japan
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What is DTM?
Demographic Transition
It is about how Birth Rate + Death Rate changes
There are 5 stages
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Other cards in this set
Card 2
Front
How do you work out the Dependency Ratio?
Back
Young Dependents % + Old Dependents % / Working Population % x 100
In the EU - Young is under 19 & Old is over 60
Examples: Germany = 52, Nigeria = 86, World Average = 53, Chad = 98
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