How does population growth influence economic development?
What is the most useful view?
Good question. I am not an authority but, right now in the USA I would look towards how many people are dependent upon government subsidies. The government cannot sustain the benefits. Population amounts need to change or technology must open many more doors.
Many phenomena correlate with each other, thus also the population growth (fertility rate and mortality rate), the economic growth, the cultural development, the development of intelligence. The most important phenomena are summarized in the HDI (Human Development Index). The following map shows the HDI ranking list:
For example: “dark green” means the highest HDI (0,900 and higher); “dark red means” the lowest HDI (0,349 and lower).
Correlation of population and economy.
P=>E) In the short-term the population growth influences the economic development positively; in the long-term it influences it negatively because of other phenomena which are long-term phenomena (culture /education, intelligence).
E=>P) In the short-term the economic growth influences the population development positively; in the long-term it influences it negatively (long-lasting wealth leads to decadence).
Provided the population is free to succeed and fail, an increase in population is an increase in idea’s, in labor and is a positive indication of upwards sloping economic growth. However, just like slavery, a limiting and “nanny” state creates dependence and for each person there is a overall drain on resources instead of an increase.
Straight on and clear sighted.
Provided the population is free to succeed and fail, an increase in population is an increase in idea’s, in labor and is a positive indication of upwards sloping economic growth. However, just like slavery, a limiting and “nanny” state creates dependence and for each person there is a overall drain on resources instead of an increase.
Straight on and clear sighted.