What is Dependency Ratio? Why is Dependency Ratio higher in India?
Answer:
Answer to be written in the exam:
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Dependency Ratio refers to the proportion of those who are
economically inactive (ages 15–59) to those who are dependent (below 15 and over 60).
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The Dependency Ratio is higher in India because
a larger number of children (34.4%) and aged population (6.9%) are found dependent
upon the working population (58.7%).
- The working population must supply the food, clothing, education, and healthcare that the economically unproductive population needs.