Notes and Study material for Exams
The Concept of Unemployment: A Multifaceted Challenge Unemployment, a pervasive economic and social issue, transcends mere statistics. It represents a complex interplay of individual, societal, and structural factors, impacting not only economic growth but also individual well-being and social stability. This article delves into the multifaceted concept of unemployment, exploring its various definitions, causes, consequences, … Read more
Demographic Dividend And Transition Demographic dividend The term “demographic dividend” (DD) refers to the accelerated economic Growth that a country can achieve when it has a low dependency ratio or, in other words, when the proportion of its Population that is of working age is greater than the proportion of its population that doesn’t work … Read more
India, however, seems to be in a demographic sweet spot with its working-age Population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more
Demographic dividend occurs when the proportion of working people in the total Population is high because this indicates that more people have the potential to be productive and contribute to Growth of the economy.An increase in the working age ratio can raise the rate of economic growth, and hence confer a “demographic dividend.” People of … Read more