Demographic bonus is due to:: (A) Decreased feility, (B) Increased longevity, (C) Both of the above, (D) None of the above
Answer is A. The rapid decline in dependency ratios has been associated with rapid economic development. Demographic bonus is the period when dependency ratio declines because of decline in feility until it stas to rise again because of increasing longevity. Ref: Park, 22nd edition pg: 446