a large population contributes to a faster growth . examples in context to japan and india explain
Answers
Defence: Large Population makes it possible to mobilize enough people to defend the integrity of the country in times of war and any other emergencies.
Increase in Labor Market: Increasing population ensures increase in the labor force. Lack of growth in the labor force will make a country static, retarded and gets to equilibrium at less than full employment level of the economy.
Large Market: Investors would like to invest in a country with a large population. As the population continues to grow so will be the growth in demand for food, shelter, clothing etc.
Answer:
Hi there. A large population of a country contributes either negatively or positively and depending on the country's setting. Like Japan and India which are two of the populated countries of the world, are very different when it comes to their economic situation. Japan is a developed country while India is considered a developing country. A large population means a large human resources for labor. However in India, the large population puts pressures on the limited resources like food and water, and people compete for jobs/ employment.
Explanation:
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