Discuss the economic, social and political implications of the dependency ratios in MEDCs and LEDCs (12)
Dependency ratios are useful for governments as it helps them plan for future demands in services. Dependency ratios have numerous implications in both LEDCs and MEDCs; throughout this essay I will discuss each of these implications.
My chosen MEDC case study is the UK, and the UK is currently experiencing an aged dependency. At present the life expectancy is around 74 years for men and 80 for women, this aged dependency is due to the dramatic improvements in social and economic conditions in the UK. Health care and education have aided in the increase in life expectancy and in Europe over 40% of the population will be over 60 by 2050.