Question

Identify and explain ONE social and ONE economic effect of China's demographic makeup.

A) Social effect: Aging population; Economic effect: Labor force shortage
B) Social effect: Population growth; Economic effect: Economic prosperity
C) Social effect: Decreased education levels; Economic effect: Increased productivity
D) Social effect: Urbanization; Economic effect: Agricultural growth

Answer 1

China's demographic makeup has a social effect of an aging population and an economic effect of a labor force shortage.

Step-by-step explanation:

China's demographic makeup has both social and economic effects. One social effect is the aging population. As per reports, by 2050, nearly a third of the Chinese population will be age sixty or older. This will put a significant burden on the labor force.

One economic effect of China's demographic makeup is the labor force shortage. With an aging population, there will be a decreasing number of working-age individuals available to contribute to the economy. This can lead to a shortage of labor in various sectors of the economy.