Good morning ma'am,I was researching last night and i didn't understand demographic and development
ok I will teach you that in the class
ok class today we will be learning about development and demographic.Does anyone have an idea what it is all about?
Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment
it can also influence the long-run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets
The typology helps identify development policy priorities for countries in different stages of demographic transition, and opportunities through globalization due to demographic differences between countries.
Demographic change can be a positive contributor to development at any stage of demographic transition
The Demographic Transition Theory is the driving theory of the evolution of human population. Developed by Notestein in 1946, the theory categorized the several stages of historical and present population into a continuum of demographic development.
ok class that's it for today. If you have any doubt pls wait back.thank you