Population Growth & Economic Development
POPULATION GROWTH & ECONOMIC DEVELOPMENT
Population growth has its own effects on economic growth of a country which can be negative or positive first we will look in to the negatively effecting factors of population growth:
1) Due to increase in Population Consumption Increases which will decrease GNP/GDP and Imports will increase and Exports Fall down Budget Defect is the result and the prices mount high.
2) Miss Use OR Over use of Natural Resources. Due to increase in population Man to Land Ratio decreases. As land is inelastic, one can’t increase the amount or supply of land.
3) Raw-Material or Primary Goods are used or processed either directly or indirectly which produce finished goods and also yield residues some of it is recycled and some is disposed to nature which effects it negatively. So when more and more people depend on land there are more chances of the damage accruing to ecosystem.
4) Effect on PCI, if the population growth dose not matches the labour......
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