How can a country can maintain its future economic growth when its population in the 0–14 age group is very small?(1 point)
Responses
It can allocate more money for pensions for the elderly.
It can increase its human capital by attracting skilled immigrants.
It can import more goods.
It can shut down some of its industries.
It can increase its human capital by investing in education and training programs for its existing workforce.
It can focus on innovation and technology advancements to drive productivity and economic growth.
It can implement policies and incentives to encourage families to have more children, thus increasing the population in the 0-14 age group.
It can promote entrepreneurship and create a favorable business environment to attract investment and stimulate economic activity.
It can collaborate with other countries and engage in international trade to access new markets and opportunities.
It can diversify its economy by developing new industries and sectors that are not reliant on a large population in the 0-14 age group.