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Demographic Dividend

The demographic dividend refers to the economic growth potential that can arise when a population has a larger proportion of working-age people (typically ages 15-64) compared to dependents, such as children and the elderly. This shift can boost productivity and economic output, as more people are able to work and contribute to the economy. However, to fully realize this dividend, effective investments in education, healthcare, and job creation are essential. Countries that successfully harness their demographic dividend can experience significant advancements in living standards and economic development, while those that do not may face challenges.

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    The demographic dividend refers to the potential economic benefit that can arise when a country has a larger proportion of working-age individuals compared to dependents, like children and the elderly. This situation often occurs during a transition in population age structures due to declining birth rates and improved life expectancy. When more people are able to work and contribute economically, and fewer are dependent on them, it can lead to increased productivity, economic growth, and improved living standards. However, realizing this potential requires effective policies, education, and job opportunities.