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19 February, 10:37

Read the article titled "India's Workforce." What are the benefits to India's economy expected to be as its dependency ratio

begins to fall in future decades?

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Answers (2)
  1. 19 February, 11:09
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    The ratio of dependence is the ratio of working-age population to non-working age population, mostly children and the elderly population. If India's dependence ratio is expected to decline in the coming decades, India will benefit as a larger working population and a smaller dependent population means more productivity, more taxes, more government revenue, and a higher likelihood of development.
  2. 19 February, 13:38
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    The dependency ratio is ratio of working-age population to non-working age population, mostly children and the elderly.

    If India's dependency ratio is expected to fall in the coming decades, India will benefit because a larger working population, and smaller dependent population means more productivity, more taxes and more government revenue, and a higher probability of reaching development.
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