The concept "old-age dependency ratio" refers to

Question

Quizplus · Accepted Answer

The old-age dependency ratio refers to the number of non-working elderly people (typically those over 65 years old) compared to the number of working-age adults (usually defined as those between the ages of 15 and 64). This ratio is important because it affects the overall economic productivity of a society, as well as the ability of younger generations to provide social and economic support to older individuals. Option A is incorrect because it refers to the child dependency ratio, not the old-age dependency ratio. Option B is incorrect because it suggests a gender-specific perspective, which is not inherent in the concept of dependency ratios. Option D is incorrect because it specifies an age range that is too narrow to capture the full range of elderly individuals.

The Concept "Old-Age Dependency Ratio" Refers to