Question:
Sri Lanka is currently undergoing a demographic transition towards:
(1) a high birth rate and a young population.
(2) a rapidly aging population and a shrinking labor force.
(3) a stable population with zero growth.
(4) a high death rate due to lack of healthcare.
(5) massive immigration from neighboring countries.
Correct Answer:
(2)
Answer Explanation:
Sri Lanka is unique in South Asia for having completed its demographic transition early. With low birth rates and high life expectancy, the share of elderly people is rising fast, posing challenges for pensions and healthcare.
Topic: Sri Lankan Economy Year: 2024
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