What are the demographic profile of the respondents?
Demographics are characteristics of a population. Characteristics such as race, ethnicity, gender, age, education, profession, occupation, income level, and marital status, are all typical examples of demographics that are used in surveys.
How do you describe demographic profiles?
Demographic information examples include: age, race, ethnicity, gender, marital status, income, education, and employment. That means you can split a larger group into subgroups based on, say, income or education level. Demographic questions are key to this process, but why do market segmentation in the first place?
Why age is important in a survey?
Age: Many surveys will ask customers about their age. This helps in determining what age group is the ideal target audience. If a product is launched for teenagers, it is very unlikely that a retired individual will be able to answer the survey.
What are the disadvantages of an Ageing population?
Disadvantage: Increased economic pressure to sustain older generations
- Decreased participation rates (amount of people in the workforce.
- Increased dependency rates (ratio of older people to younger people)
- Increased fiscal gap (amount of money being spent by government on various sectors)
What are the reasons for Ageing population?
The changing and ageing structure of our population is driven primarily by two factors. Firstly, improvements in life expectancy mean that people are living longer and reaching older ages. Along with this, there has been a decrease in fertility, people are having fewer children and are having children later in life
Is an Ageing population good or bad?
Indeed, having an ageing population does have its negatives. For instance, an ageing population increases the dependency ratio and means that the government has to pay more in benefits to people who often do not have the ability to pump money back into the economy
How can we fix Ageing population?
- Increase Retirement Age. 1.1. More tax revenue and consumer spending. 1.1.1.
- Encourage Immigration. 2.1. Reduces dependency ratio. 2.1.1.
- Increase Income Tax. 3.1. May discourage people from living in a certain country. 3.1.1.
- Encourage Private Pensions. 4.1. Reduces government’s pension burden.
- Euthanasia. 5.1. Unethical.
Which countries are aging the fastest?
The Top 50 Countries With the Largest Percentage of Older Adults
| Rank | Country | % 65+ (of total population) |
|---|---|---|
| 1 | Japan | 28.2 |
| 2 | Italy | 22.8 |
| 3 | Finland | 21.9 |
| 4 | Portugal | 21.8 |
What is the oldest country by age?
The world’s oldest country is Japan, where 28% of the population is older than 65. However, it’s an anomaly—the rest of the oldest countries in the top 10 are all in Europe. Globally, it’s the 65+ age group that is growing the fastest
How old is the oldest country?
By many accounts, the Republic of San Marino, one of the world’s smallest countries, is also the world’s oldest country. The tiny country that is completely landlocked by Italy was founded on September 3rd in the year 301 BCE