Question
What is the meaning of dependency ratio?

Answer

Dependency ratio is the measure comparing the portion of a population which is composed of dependents with the portion of population that is working, generally in the age group of 15-64 years.
  • Formula to calculate:
$\text{Dependency ratio:}=\frac{\text{Population of below 15 + Population of above 64}}{\text{Population of }15-64\text{ age group}}$
  • It is expressed in percentage.
  • It is also called demographic dividend by working population is higher than the non-working population.
  • Thus ratio is not permanent concept, it keeps on changing i.e. increasing and decreasing . It can be maintained by better education and awareness.
  • It has advantage also. The current working population is large and it has a relatively small aged population to support.
  • A following dependency ratio can be a source of economic growth and prosperity due to a larger population of workers relative to non-workers.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free