Question

High rate of ____ affects the economic development of the country​

Answer 1

Answer:

corruption

Explanation:

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Answer 2

Answer:

High rate of population affects the economic development of the country.

Explanation:

• The link between demographic change and economic consequences has long been a topic of discussion among economists, demographers, and other social scientists.
• In recent years, there has been a growing consensus that declining birth rates are typically correlated with better individual economic circumstances.
• The idea that lower birth rates aid in economic growth and enable people and families to overcome poverty, however, is far less widely accepted economic theory particularly at this time regarding population growth and economic development.
• A fresh batch of development economists made the decision to examine how altering age structures and population growth rates will affect economic outcomes (Bloom & Canning 2006).
• They reasoned that shifts in the ratio of the economically active to the dependent population go hand in hand with rapidly dropping fertility.
• In comparison to the under-15 and over-65 age groups, a bigger percentage of the population is in the 15–65 age range as fertility declines.
• This one-time "demographic windfall" should be accompanied by higher economic output at the same time that social service needs for those who aren't yet working lessen, such as for health and education.
• Improvements in one tend to stimulate and then accelerate improvements in the other, creating a relationship between economic progress that is mutually reinforcing—the so-called virtuous loop.
• Declining fertility will typically follow countries who are successful in promoting economic growth and then ensuring that it continues (most of today's wealthy countries) (an exception is the oil-rich states where economic growth is an artefact of mineral extraction with non-indigenous labour and where modernization in its usual sense has not occurred).
• On the other hand, nations that are successful in promoting decreased fertility, such as Korea and Bangladesh, put in place a significant potential stimulant to economic progress.
• The most virtuous of rings emerge when the two take place concurrently as part of an all-encompassing development plan, as they have in East Asia.

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