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→Demographics and an economy
''See also:'' [[Demography]]
''See also:'' [[Demography]]
According to Investopedia: "Demographics—statistical data related to a population—play a key role in rates of economic growth. That's because the makeup of any population can influence the supply of labor and productivity—known as the demographic dividend.
According to Investopedia:
{{Cquote|Demographics—statistical data related to a population—play a key role in rates of economic growth. That's because the makeup of any population can influence the supply of labor and productivity—known as the demographic dividend.
Labor force participation, birth rates, the different ages of those in the workforce, and their skills and education can have an impact on a nation's economic prosperity.<ref>[How Demographics Drive the Economy], Investopedia, 2023</ref>}}
Labor force participation, birth rates, the different ages of those in the workforce, and their skills and education can have an impact on a nation's economic prosperity.<ref>[How Demographics Drive the Economy], Investopedia, 2023</ref>}}