6. What are the issues and opportunities of an ageing population? Flashcards
1
Q
What is the European Union (EU)?
A
It is a group of countries that work towards a single market i.e. they trade as if here are not any trade barriers, as if they are one country.
2
Q
What is a dependency ratio?
A
The balance between people who are independent and those who depend on them. The economy would be better with fewer dependent people for each independent person. Number of dependant people/number on under pendant people x 100
