What connection exists between a population's age distribution and its level of economic development?
There is no relationship between the two.
A population with a high proportion of working-age individuals is likely to be economically developed.
A population with a high proportion of elderly individuals is likely to be economically developed.
A population with a high proportion of young individuals is likely to be economically developed.
Correct option (b)
A population's age composition, or how many people are in each age group, can have a big impact on how economically developed a nation is.
Due to the fact that people in this age group are typically the most productive and able to support the economy through their work and taxes, populations with a high number of people in this age group are more likely to be economically developed. This may promote innovation, consumer spending, and economic growth.
On the other hand, a population with a high number of young people (usually those under the age of 15) may be economically underdeveloped because these people aren't yet mature enough to make a significant contribution to the economy.
Similarly to this, a population with a large percentage of old people (usually defined as those over the age of 65) may also be undeveloped economically because these people may have retired or may be less productive due to age-related health difficulties.
Option b is the correct answer