Positive and negative effects of population growth on economic development
Answers
Explanation:
Negative effects
- overpopulation and population
growth places a tremendous amount of pressure on natural resources, which result in a chain reaction of problems as the nation grows.
- The increase in demand for
food leads to a decrease in natural resources, which are needed for a nation to survive.
- Rapid population growth complicates the task of providing and
maintaining the infrastructure, education and health care needed by modern economies.
Positive effects
- the growth creates new
problems that in the short run constitute to a number of problems, including famine, poverty and
even unemployment. Yet, they also state that in the long run, it leads to new developments,
- through advancement in technology, that leave countries better off than if the problems never
occurred.
- one can see a chain reaction of events caused by population
growth. According to the neo-classical growth model, population is beneficial to an economy
due to the fact that population growth is correlated to technological advancement.
- Rising
population promotes the need for some sort of technological change in order to meet the rising
- demands for certain goods and services. With the increased populace, economies are blessed
with a large labor force, making it cheaper as well, due to its immense availability.