When a country has more older populations in it. Or when there are more people in public need than those that are not. The country must support them and it takes strain on the overall income. Favorable taxing is used to ease this burden.
Link to This DefinitionDid you find this definition of DEMOGRAPHIC TIME-BOMB helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary