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Benefits and Challenges of Young Populations in an Economy

Question

Discuss whether or not having a young population is a benefit to an economy.

Category:

Demographic Factors and Population

Frequently asked question

Preview Answer

I. 🍃Introduction
- Brief explanation of the topic

II. Reasons why a young population may increase productivity
- Increase in labour force size
- Geographical mobility
- Up-to-date skills
- Attracting MNCs

III. Reasons why a young population may not increase productivity
- High dependency ratio
- Need for more schools
- Less experienced workers
- Reduction in output due to parents not working

IV. 👉Conclusion
- Summary of the points made
- Final thoughts on the topic

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