Challenges and opportunities Definitons Flashcards
1
Q
Ageing population
A
a population in which the percentage of people above the age of 64(old dependents) is significantly increasing
2
Q
Trade deficit
A
the amount by which the cost of a country’s imports exceeds the value of its exports
3
Q
Pro-natalist policy
A
a policy implemented in a country to increase the population by encouraging births and instituting a culture of reproduction, with the use of incentives
4
Q
Anti-natalist policy
A
a policy implemented to slow population growth by decreasing the total fertility rate and the crude birth rate
5
Q
Demographic dividend
A
an increase in the number of adults in a population(aged 15-64)
6
Q
Labour supply
A
the total hours that workers wish to work at a given wage rate
