How Does the Age Structure of a Country's Population Affect

question 67

Essay

How does the age structure of a country's population affect its potential for future population growth? In your answer, contrast an industrialized country such as Germany with a developing country such as Uganda (see Figure 55.15).

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Definitions:

Interest Rates

The cost of borrowing money or the compensation for the service and risk of lending money, usually expressed as a percentage rate over a period of time.

Cyclical Unemployment

Unemployment that arises during downturns in the business cycle, particularly during recessions, when there is insufficient demand for goods and services.

Unemployment Rate

The proportion of the workforce that is unemployed and actively seeking work.

Structurally Unemployed

Unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.