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Advantages of Youthful Population - Coggle Diagram
Advantages of Youthful Population
Economic Growth
Larger workforce
Higher GDP growth
More productivity
Supports industrial and service sectors
Lower Dependency
More working people than dependents
Lower Dependency Ratio
Extra resources for development & investment
Innovation & Entrepreneurship
Youth more open to new ideas
Higher startup creation
Faster technology adoption
Easier Digital development
Consumer Market Expansion
Higher consumption demand
Growth of retail, housing, transport
Boosts domestic markets
Adaptability & Skill Development
Youth have higher neuroplasticity
Better response to economic change
Easier reskilling and upskilling