What do you understand by the ‘age structure’ of a population? Discuss its relevance for economic development and growth. 10 marks

Mentor’s comment-

• Start with the definition of ‘age-structure’.
• Discuss the concept and explain age structure of population. Relate it with demographics transition model and reasons for changing age structure. Explain how age structure changes in response to changes in levels of development and the average life expectancy. Discuss and present its relevance for economic growth.
• Conclude by highlighting some ways of managing age structure related issues.