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Population Growth and Economic Growth
Transcript of Population Growth and Economic Growth
It sampled 1,022 adults.
The adults sampled were chosen at random.
This poll used telephone interviewing to obtain the data. Relatively Good Study The website is not a one that I would deem 'reliable.' Availability of more laborers Provides more people for the draft in wartime-more threatening to other countries Increased demand for goods and services-provides a ready market Competing for jobs may lead to failures and a higher unemployment rate Dirtier, more crowded cities and living conditions which could also lead to diseases being spread more readily Lack of food, water, little to bad housing choices China's One-Child Policy Because of China's whopping 1.3 billion people in the population, they have enacted a one-child policy to cut back on the high population number.
If found out pregnant after their one child limit, a woman is forced to have an abortion and/or pay fines.
Labor shortages are appearing in China. They are beginning to appear in the coastal regions because there are not enough people to work. How do these advantages and disadvantages relate to the economy? These benefits and problems do not directly relate to the economy but they do spark the good and bad in the economy. For example, a larger population causes more competing for natural resources, i.e. food. If a person is starving they will most likely do whatever it takes to get food, one way would be to rob a grocery store. If grocery stores are continually robbed, the economy (on a small level) will hurt. More diverse, cosmopolitan people The list goes on and on... It begins with 10,000 B.C. How were the people counted this early in history? Is this a valid study? Is it definite that everyone was counted in this study? There are so many unanswered questions that make this chart unreliable. Population Growth Benefits Austin, TX Realtors http://www.youtube.com/watch?v=PBPXWchpJ6 k Outcome of China's One-Child Policy There are more young people than old people, meaning less people will be supporting a larger population of aging seniors. This has hurt China's economy by providing less young persons to add to the work force, which is the population's main means of income. Whats the real problem behind struggling economies? Perhaps the problem behind failing economies is not the population itself, but the productivity of the population.
Generally the higher the productivity of a population, the better the economy.
Every case in every country is different, no generalizations can be made regarding the correlation between economic growth and population growth. A steady growth in the productive capacity of the economy (and so a growth of national income). Economic growth is mostly measured in GDP (Gross Domestic Product) which represents the total dollar value of all goods and services produced over a specific time period.
To find the GDP, you can add up what everyone earned or what everyone spent. The aging population, combined with the extremely low birthrate, is going to dramatically impact the country's economic performance in the future.