The scenario that western countries face a crisis in the next few decades caused by the aging of their populations is termed as:

Related MCQs

• The exploitation of developing countries by advanced countries is called:
• The administered transfer of resources from the advanced countries to the developing countries for the purpose of encouraging economic growth is called:
• In 1971, United Nations Conference on Trade and Development (UNCTAD) drew up a list of 24 countries having a GDP of 100 or less literacy rate of 20% or less and a share of manufacturing of 10% or less of GDP. These countries were referred to as:
• What is the main reason of the flour crisis in the country?
• Countries that depend mainly on the export of primary products for their income, are prone to -
• A market in which there are a few number of large firms is called as
• When too much money is chasing too few goods, the situation is -
• When too much money is chasing too few goods, the situation is -
• The allocation of labour such that each worker specializes in one or a few functions in the production process is known as:
• A market that is dominated by a few large suppliers is known as: