Draw your conclusions about demographic changes

1.	Draw your conclusions about demographic changes
Answer» Explanation: Demographic transition is the transition from high birth and death rates to LOWER birth and death rates as a COUNTRY or region develops from a pre-industrial to an industrialized ECONOMIC system Demographic changes can affect GDP growth through several channels. First, lower growth in population directly implies reduced labor input. Second, lower population growth has an indirect potentially negative impact on INDIVIDUAL labor supply insofar as it leads to HIGHER tax rates which reduce the incentive to work

Answer»

Explanation:

Demographic transition is the transition from high birth and death rates to LOWER birth and death rates as a COUNTRY or region develops from a pre-industrial to an industrialized ECONOMIC system

Demographic changes can affect GDP growth through several channels. First, lower growth in population directly implies reduced labor input. Second, lower population growth has an indirect potentially negative impact on INDIVIDUAL labor supply insofar as it leads to HIGHER tax rates which reduce the incentive to work

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