dependancy ration Flashcards
1
Q
dependency ratio
A
-the non-working population
-1-14 and 65-death
2
Q
welfare based economies
A
-pension comes from taxes
-taxes come from the workforce
-dependants (old+young) ate supported by the workforce
3
Q
statistics
A
-34.4 dependants to 100 workers
-Japan 77.7 dependants - only 30%goes towards other things such as infrastructure + education.
