Economy, asked by azanayak4944, 1 year ago

How does the population growth influence the economic development of a country?

Answers

Answered by NisargSolanki
1
As per population increases it requires more jobs but because of overpopulation the jobs r full than also the population are not employed
so the economy suffers which leads to the development of any developing nation
Answered by mokanakannanp4r7jl
1
Yes, population growth is one of the biggest influence on the economic growth of a country. For example: In western countries, they have plenty of job openings but they don't have enough population or man power to fill those vacancies. If the population growth is good in those countries to fullfill those job vacancies, then it will directly impact the total economic growth to next level. At the same time countries like India is one of the biggest economy in the world has direct impact on population growth both in a good and bad way. Due to massive increase of the population will lead to unemployment which is not good for the economic growth of a country, which will create inflation. In this case India needs to create much more job opportunities but it's becoming impossible because of the massive growth in the population.
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