Question 44
PopulationThe age distribution of a country's population is of economic importance because it affects the
- A.pattern of expenditure
- B.size of the army
- C.optimum size of firms
- D.location of industries
Show the answer and explanation
Answer: A (pattern of expenditure)
Explanation
Different age groups need different things (schools for the young, health care for the old), so age structure shapes spending patterns.