what are the advantages of high population
Answers
i. If the population is above the optimum size, the country will be able to make better use of its resources.
ii. The size of markets will increase. This should enable firms to take greater advantage of economies of scale.
iii. There may be an increase in factor mobility if the rise has resulted from an increase in the birth rate or immigration. Expanding industries can recruit new workers to the labour force. These people are likely to be familiar with new ideas and methods. If this is the case, firms’ training costs will be reduced.
iv. Extra demand will be generated. This is likely to stimulate investment and this may lead to introduction of new technology.
Answer:
If the population is above the optimum size, the country will be able to make better use of its resources.
ii. The size of markets will increase. This should enable firms to take greater advantage of economies of scale.
iii. There may be an increase in factor mobility if the rise has resulted from an increase in the birth rate or immigration. Expanding industries can recruit new workers to the labour force. These people are likely to be familiar with new ideas and methods. If this is the case, firms’ training costs will be reduced.
iv. Extra demand will be generated. This is likely to stimulate investment and this may lead to introduction of new technology.
Click to let others know, how helpful is it
Read more on Brainly.in - https://brainly.in/question/11101208#readmore
Explanation:
this is correct