Examine the graph above and answer each of the following questions - Leaving Cert Geography - Question 11A - 2018
Question 11A
Examine the graph above and answer each of the following questions.
(i) What will the old age dependency ratio (%) be in 2024?
(ii) In what period of years in the ... show full transcript
Worked Solution & Example Answer:Examine the graph above and answer each of the following questions - Leaving Cert Geography - Question 11A - 2018
Step 1
What will the old age dependency ratio (%) be in 2024?
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Answer
The old age dependency ratio in 2024 is projected to be 25%. This is calculated based on the trend shown in the graph, where the ratio continues to rise steadily.
Step 2
In what period of years in the graph was the old age dependency ratio declining?
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Answer
The old age dependency ratio was declining from 1996 to 2008, as indicated by the downward slope in that segment of the graph.
Step 3
How many years will it take for the old age dependency ratio to double from its 2016 level?
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It will take 28 years for the old age dependency ratio to double from its 2016 level, based on the upward trend depicted in the graph from that year onwards.
Step 4
In which year in the graph was the old age dependency ratio at its most favourable level economically?
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Answer
The old age dependency ratio was at its most favourable level economically in 2008, as this year marked the lowest point in the trend shown in the graph.
Step 5
Explain briefly one reason for an increase in the old age dependency ratio.
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One reason for an increase in the old age dependency ratio is the aging population, as a greater proportion of the population is reaching retirement age and living longer due to advancements in healthcare.
Step 6
Explain briefly two effects of an increase in the old age dependency ratio.
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Increased financial pressure on the working population: As the ratio rises, there are fewer workers supporting a growing number of retirees, leading to higher taxes and social security costs.
Strain on healthcare services: More elderly individuals typically require more healthcare resources, putting additional strain on public health systems and requiring more funding.
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