How can a country maintain its future economic growth when its population in the 0–14 age group is very small?(1 point)

Question

Responses

It can allocate more money for pensions for the elderly.
It can allocate more money for pensions for the elderly.

It can increase its human capital by attracting skilled immigrants.
It can increase its human capital by attracting skilled immigrants.

It can shut down some of its industries.
It can shut down some of its industries.

It can import more goods.

Answer 1

The most effective response for maintaining future economic growth when a country's population in the 0–14 age group is very small is:

It can increase its human capital by attracting skilled immigrants.

Attracting skilled immigrants can help to offset the demographic challenges and stimulate economic growth by bringing in a workforce that can contribute to various sectors of the economy. This approach can also enhance innovation and productivity.