Explain Optimum Theory of Population.
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Heya!!
✍️The optimum population is the ideal population which combined with the other available resources or means of production of the country will yield the maximum returns or income per head. The concept of optimum populationhas been defined differently by Robbins, Carr- Saunders and Dalton.✍️
✍️The optimum population is the ideal population which combined with the other available resources or means of production of the country will yield the maximum returns or income per head. The concept of optimum populationhas been defined differently by Robbins, Carr- Saunders and Dalton.✍️
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The Optimum Theory of Population appeared as a reaction to the Malthusian theory.
Criticizing the approach of the Malthusian Theory of Population, modern economists Edwin Cannan and Carr Saunders of London School of Economics have developed a new theory known as Optimum Theory of Population.
It is also called modern theory of population. In recent years, Prof. Robbins, Dalton and Carr- Saunders have refined and polished the theory and put it in a more presentable form. This theory is an improvement over the Malthusian Theory.
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