Population and its impact on economy
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Answer:
Rapidly increasing population plunges the economy into mass unemployment and under-employment. As population increases, the proportion of workers to total population ris- es. ... A rapidly increasing population reduces income, savings and investment.
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Explanation:
As population increases, per capita available income declines. People are re- quired to feed more children with the same income. It means more expenditure on consumption and a further fall in already low savings and consequently in the level of investment.
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