State whether true/false.

The percentage of children and the aged do not affect the dependency ratio because these groups are not producers.

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True

False

answer is B.

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Detailed Solution

The above statement is false.
The number of persons in a nation's age group is referred to as the population's age composition. It is one of a population's most fundamental traits. The proportion of a population that is aged, working-age, and has children is a key indicator of that society's social and economic structure. A country's population is often divided into three major types. Children under the age of 15 are often economically inactive and require food, clothes, education, and medical care. People under 15-59 years are economically productive and physiologically reproducible while they are of working age. They are those who are employed. Even though they may be retired, people over 59 years old can still be economically active. They could be volunteering their time but are not open to being hired. Because these groups are not producers, the proportion of children and the elderly impacts the dependence ratio.
The correct statement is that the percentage of children and the aged affect the dependency ratio because these groups are not producers.

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