ECON 313 Chapter Notes - Chapter 6: Demographic Transition, Dependency Ratio, Final Good

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Doubling time: period that a given pop or other quantity takes to increase by its present size. Of the world pop lives in developing nations. Youth dependency ratio: the proportion of youths under the age of 15 to the working population aged 16-64 in a country. The more rapid the pop growth rate, the greater the proportion of dependant children in the total pop and the more difficult it is for people who are working to support those who are not. Hidden momentum of pop growth: the phenomenon whereby pop continues to increase even after a fall in birth rates because the large existing youthful population e(cid:454)pands the population"s (cid:271)ase of potential pa(cid:396)ents. Population pyramid: a graphic depiction of the age structure of the population, with age plotted on the y axis and either pop shares or male and female in each side of the x axis.

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