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📢 The demographic dividend is the economic growth potential that can result from shifts in a
population's age structure.
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- A country enjoys demographic dividend when it has higher working age (15 to 64) population than non-working.
- The situation of having a relatively larger working-age population is related to the so-called first demographic dividend.
- As working age population matures the thought of retirement can motivate to save for financial security. This stage of economic growth has been termed as the second demographic dividend.