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Developed countries that have already undergone the demographic transition are going to experience a growth in the number of older people relative to younger people. This is called the

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The ratio of the number of dependents to the total population is called the dependency ratio. Hence, the missing phrase is dependency ratio.

  • The fractional comparison of the number of the young population (0 - 15 years) to the number of older population (above 65 years) compared to the total population (15 - 65)

  • Dependents are classed as those between (0 - 15) and above 65.

Hence, the missing phrase is dependency ratio.

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