Meaning of demographic tax | Babel Free
Definitions
The reversal of the demographic dividend that occurs when a society's large workforce enters retirement en masse while population growth has stalled or declined.
Examples
“While the policy stemmed the population growth during the almost four decades it was in place, it also dampened China's demographic dividend and is now increasing its demographic tax. A young person in China may now need to support their children and two aging parents alone as they have no siblings to share the duties and costs.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.