why is it better for a country to have a lower dependency ratio ? think and answer.
Dear student,
Kindly find the answer to your query:
The following points will help you in framing your answer:
Regards
Kindly find the answer to your query:
The following points will help you in framing your answer:
- Less dependency ratio is good for the growth and development of the country.
- It is because less dependency ratio implies more working population.
- Investment on dependent population would be less.
- That means spare money would be left for long term and growth-oriented development activities.
Regards