What is age composition?

What is age composition? How does it affect the population’s social and economic structure?
The age composition of a population refers to the number of people in different age groups in a country.

  • It is one of the most basic characteristics of population.
  • To an important degree, a person’s age influences what he needs, buys, does and his capacity to perform.
  • Consequently, the number and percentage of a population found within the children, working age and aged groups are notable determinants of the population’s social and economic structure.