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Question

Which of the following is/are the basic premises of Malthus' theory?



A

Population grows arithmetically

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B

Population grows exponentially

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C

Food production grows arithmetically

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D

Food production grows exponentially

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Solution

The correct options are
B

Population grows exponentially


C

Food production grows arithmetically


Malthus' theory was based on the observations that food production grew arithmetically while population grew exponentially.


Economics

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