dependancy ration Flashcards

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1
Q

dependency ratio

A

-the non-working population
-1-14 and 65-death

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2
Q

welfare based economies

A

-pension comes from taxes
-taxes come from the workforce
-dependants (old+young) ate supported by the workforce

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3
Q

statistics

A

-34.4 dependants to 100 workers

-Japan 77.7 dependants - only 30%goes towards other things such as infrastructure + education.

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