demographic transition

Definition

The change that typically takes place, as a country develops, in the birth and death rates of its population, both of which tend eventually to fall as per capita income rises.

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There was a demographic transition going on and that meant that we would have to change our strategies as a company.

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With the demographic transition changing dramatically of the the last 30 years, the economy is dependent on the baby boomers that are now adults.

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Germany is currently undergoing a demographic transition, putting much strain on their health care system, as fewer babies are being born and adults are living longer.

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