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

Responses

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

It can import more goods.
It can import more goods.

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.

1 answer

The most effective response from the options provided is:

It can increase its human capital by attracting skilled immigrants.

Attracting skilled immigrants can help mitigate the impact of a small population in the 0–14 age group by bringing in a workforce that can contribute to economic growth. This strategy can enhance productivity, innovation, and overall economic development, vital for maintaining growth in the face of demographic challenges.