Question

Describe the interplay between

economic growth and population​

Answer 1

Answer:

Hey Buddy here's ur answer

If population growth affects per capita output growth, higher population growth rates would contribute to either higher or lower overall economic growth depending on the nature of its effects on per capita GDP.

Answer 2

Under normal circumstances,population and economic growth are inversely related.Usually,population growth can hinder economic progress or growth in a country.

Explanation:

Excessive population growth can hinder sustainable economic growth.From a macroeconomic point of view,population growth entails higher competition for scarce economic and social resources.It puts an upward pressure on the overall demand for goods and services in the economy thereby leading to the necessity to enhance the overall output level in the economy.It also necessitates higher resource mobility and higher demand for employment generation and opportunities in the economy.In many underdeveloped and developing countries,unrestrained population growth creates major developmental and macroeconomic adversities such as increasing poverty,increasing unemployment,downward pressure on National Income,deterioration of various public services,lack of proper housing or residential facilities,food insecurity especially among lower income and poor section of the population,low quality of public infrastructure and so forth.Therefore,population growth should be reduced or controlled from a macroeconomic and developmental standpoint or the government of the respective countries should ensure enough social and economic resources and proper macroeconomic infrastructure which can adequately correspond to the population growth.