Is it better to have a high or low dependency ratio?
A low dependency ratio means that there are sufficient people working who can support the dependent population. A lower ratio could allow for better pensions and better health care for citizens. A higher ratio indicates more financial stress on working people and possible political instability.
What are the effects of high dependency ratios Check all that apply?
Check all that apply Poverty rates begin to climb. Education costs begin to fall. There is a greater chance for labor shortages.
Why is a high youth dependency ratio bad?
1 Rising dependency ratios will impact negatively on future growth, savings, consumption, taxation, and pensions. They will also require major social adjustments because the population of older persons is itself ageing. The fastest growing group is the ‘older–old’, those aged 80 years and above.
How do you interpret a dependency ratio?
The dependency ratio is a measure of the number of dependents aged zero to 14 and over the age of 65, compared with the total population aged 15 to 64.
What does it mean to have a high dependency ratio?
A high dependency ratio indicates that the economically active population and the overall economy face a greater burden to support and provide the social services needed by children and by older persons who are often economically dependent.
Why is the dependency ratio important?
The dependency ratio is important because it shows the ratio of economically inactive compared to economically active. Economically active will pay much more income tax, corporation tax, and, to a lesser extent, more sales and VAT taxes. An increase in the dependency ratio can cause fiscal problems for the government.
What is the impact of dependency?
Dependency can lead to feelings of depression, agitation, anger, and anxiety. These impact the user and everyone else around him or her. Drug use also heightens the risk of communicable disease and can worsen existing mental health conditions.
How do you solve dependency ratio?
You can calculate the ratio by adding together the percentage of children (aged under 15 years), and the older population (aged 65+), dividing that percentage by the working-age population (aged 15-64 years), multiplying that percentage by 100 so the ratio is expressed as the number of ‘dependents’ per 100 people aged …
What state can you work at 14?
State Child Labor Laws Applicable to Agricultural Employment
| State 1 | Minimum age for employment | |
|---|---|---|
| during school hours | outside school hours | |
| Arizona | 16 | 14 |
| Arkansas | 16 | 14 |
| California | 18, 16 if not required to attend school | 12 |
How much can a 14 year old make at McDonald’s?
Although some exceptions may apply, in most circumstances you must be paid the federal minimum wage, $7.25 per hour.
How much can a 15 year old make at McDonald’s?
A 15 year old would make $7.25 per hour. McDonald’s USA, LLC, Hires no one under the age of 16.
Can you be hired at 13?
In most states, the legal age to begin working is 14, but a 13-year-old can still perform many part-time jobs, from taking care of younger kids to tending gardens. While there is no limit to how much a 13-year-old can earn, many states set a restriction on the number of continuous hours a child this age can work.