how do the economic factors contributing to growth of population
Answers
Answer:
Population growth is determined by fertility rates (the number of children per adult) – fatality rates. Birth rates and mortality rates are, in turn, determined by a combination of factors. Often economic growth and economic development have led to a decline in population growth, but there are no hard and fast rules and other factors, such as availability of family planning, social expectations and government intervention can play an important role.
Factors influencing population growth
Economic development. Countries who are in the early stages of economic development tend to have higher rates of population growth. In agriculturally based societies, children are seen as potential income earners. From an early age, they can help with household tasks and collecting the harvest. Also, in societies without state pensions, parents often want more children to act as an insurance for their old age. It is expected children will look after parents in old age. Because child mortality rates are often higher, therefore there is a need to have more children to ensure the parents have sufficient children to look after them in old age.
Education. In developed countries, education is usually compulsory until the age of 16. As education becomes compulsory, children are no longer economic assets – but economic costs. In the US, it is estimated a child can cost approx $230,000 by the time they leave college. Therefore, the cost of bringing up children provides an incentive to reduce family size.
Answer:
Economic factors such as employment rates and education levels have the biggest impact on population growth, according to a recent study released by the University of Missouri.
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