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SS1: ECONOMICS - 2ND TERM

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  1. Firms & Industry | Week 1
    4 Topics
  2. Firms & Industry (Business Organisation) | Week 2
    5 Topics
    |
    1 Quiz
  3. Population Theory I | Week 3
    3 Topics
  4. Population Theory II | Week 4
    3 Topics
  5. Population | Week 5
    3 Topics
  6. Population Distribution | Week 6
    4 Topics
  7. Population Census | Week 7
    3 Topics
    |
    1 Quiz
  8. Labour Market | Week 8
    3 Topics
    |
    1 Quiz
  9. The Nature of the Nigerian Economy | Week 9
    4 Topics
    |
    1 Quiz
  10. Agriculture | Week 10
    4 Topics
    |
    1 Quiz



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Ageing distribution is the grouping of people into different categories. An ageing population is a country with an increasing number of old people and is also known as a declining population.

A declining population is a situation where the population of a country continues to fall or decrease instead of increase. The dependent population are the people who are not working in a country, they are infants/old people in a country (0-18, 66years and above).

The dependent ratio is the total number of people who are not working to the number of people that are working.

Factors Responsible for Ageing or Declining Population:

The factors below generally lead to a declining population;

1. Increase in the death rate.
2. Decrease in the birth rate.
3. Lack of medical facilities.
4. Government policies e.g. excessive family planning.
5. War.
6. Major diseases like Ebola.
7. Natural disasters like earthquakes, and hurricanes.
8. Emigration.

Advantages of Decreasing or Declining Population:

Some of the advantages of decreasing or declining population include;

1. Decrease in government expenditure.
2. Increase in government savings.
3. Reduction in congestion.
4. Fall in house rent.
5. Increase in government investment.
6. More employment opportunities.
7. Better standard of living.

Disadvantages of Decreasing or Declining Population:

Below are the disadvantages of a decreasing or declining population;

1. Contraction of the local market – demand falls.
2. Decrease in the labour force.
3. Decrease in production – it happens since demand has fallen.
4. It will cause cyclical unemployment; as a result of low production.
5. High dependency ratio.
6. Reduction in the number of taxpayers.

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