Economy, asked by rajveer9411, 1 year ago

What is malthusian theory write down its importance under a developing country

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Answered by arpita8137

Increase in effective demand, according toMalthus, is as important as the increase in production. ... Malthus also duly recognizes the importance of non-economic factors. Above all, Malthus is better known for histheory of population than his contribution to growth economics.

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