A younger country (with a larger percentage of young
people) will
have a higher population growth rate than an older country (with
a
larger percentage of old people) even if both countries have
exactly
the same fertility and mortality rates. Explain this phenomenon
using
an age pyramid for a young country and for an old country.
Population aging is the concept of indicating that the age structure of an economy is inclined to the elderly population and it is measured by the percentage increase in the elderly population in the retirement age. A population pyramid is used to describe age and gender distribution in the population where the young age population is represented by pyramids where the base is the group of children and the narrow top is the elderly population. A young population with incessantly increasing population would have a broader base and much narrow top as compared to the countries which have large flat tops as the population of elderly people is large compared to younger ones.
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