Question

Which of the following is/are the effect(s) of an increasing population on the growth of an economy?

• A. Increase in population means increase in the availability of skilled workforce.
• B. Increase in population means increase in the availability of workforce.
• C. Increase in population means increase in the needs of people.
• D. Increase in population means decrease in the growth of an economy.

Answer 1

Answer: (B), (C)

Increase in population means increase in the needs of people.

A growing population means an increase in the needs of people and the availability of workforce. However, an increase in only skilled workforce can lead to more productivity; otherwise, it may lead to an increase in unemployment.