Question

What are the three main categories of population on the basis of their economic structure?

Answer 1

The division of the population based on economic position and structure are:

a. Children (generally below 15 years)- They are economically unproductive.
b. Working Age (15-59 years)- They are economically productive and comprises the working population.
c. Aged (Above 59 years)- They can be economically productive, may be involved in work voluntarily but most of them are retired and are dependents.