Overview
Demographic changes play a crucial role in shaping macroeconomic conditions. As populations age, migrate, and evolve, they influence labor markets, economic growth, and social services. Understanding these dynamics helps policymakers and businesses adapt to future challenges and opportunities. By ...
Key Terms
Example: The demographics of a city can show age distribution and income levels.
Example: Japan faces challenges due to its rapidly aging population.
Example: Many workers migrate to urban areas for better job prospects.
Example: A high labor force participation rate indicates a healthy economy.
Example: Economic growth is often measured by GDP.
Example: A rising GDP indicates a growing economy.