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What is the impact of demographic change?

What is the impact of demographic change?

Demographic change can influence the underlying growth rate of the economy, structural productivity growth, living standards, savings rates, consumption, and investment; it can influence the long‐​run unemployment rate and equilibrium interest rate, housing market trends, and the demand for financial assets.

What are political shifts?

A political realignment, often called a critical election, critical realignment, or realigning election, in the academic fields of political science and political history, is a set of sharp changes in party ideology, issues, party leaders, regional and demographic bases of power of political parties, and the structure …

How does demographic change affect the political landscape?

Demographics are not destiny, but steady and predictable changes to the electorate play an important role in defining the landscape of American politics. Most demographic groups have a political lean, so a group increasing or decreasing in size over time will tend to benefit one party or type of politics over another.

How are the demographics of the United States changing?

America’s demographic changes are shifting the electorate—and American politics. The 2016 electorate [was] the most diverse in U.S. history due to strong growth among Hispanic eligible voters, particularly U.S.-born youth. There are also wide gaps opening up between the generations on many social and political issues.

How are farming counties affected by population change?

Both farming- and manufacturing-dependent counties have been particularly affected by an aging population, which contributes to slower population growth from natural change. The -0.4 percent growth rate for nonmetro mining counties during 2010-17 masks a boom-and-bust population cycle during the period.

How did the housing crisis affect population change?

The housing mortgage crisis slowed suburban development and contributed to a historic shift within metro regions, with outlying counties now growing at a slower rate than central counties (see chart on population change by rural-urban continuum).