Positive and Negative Effects of Population Growth.
The issue of expanding population has long been debated. The vast majority of individuals believe it is harmful to society. Overpopulation would put a pressure on natural resources, resulting in malnutrition, health problems, and possibly death. On the other side, population growth has a few favourable consequences. This is evident in the form of an economic boost, a low mortality rate, enhanced innovation, and so on. We shall discuss both the bad and good consequences of population expansion on societies in this post.
Positive Effects of Population Growth:
Economic Growth: The primary benefit of population growth is shown in terms of economic growth. According to studies, the world's population doubling has resulted in a two-thirds increase in per capita income. This demonstrates low rates of mortality in pregnant women, children, and babies.
Trade Structure Improvements: Another significant advantage of population growth is improved trade structures. This is because more populous countries have a more inventive workforce. China and Japan are two of the greatest examples of countries with significant population expansion that are also among the world's largest economies and key exporters.
Increased Innovation: The growth of the population puts pressure on society to innovate and serve the masses in the best way possible. One of these innovations is seen in the form of cultivation of high-yielding crops to improve food production to meet the growing food needs in the country.
Negative Effects of Population Growth:
Reduces the rate of capital formation: large birth rates and low life expectancy in developing countries result in a large number of dependents. In these countries, roughly half of the population consumes but does not generate anything. This limits the availability of capital per head, lowering labour productivity. It leads to lower income and savings, which has a negative influence on capital development.
More investment is required: A rapid increase in population rate leads to an increase in the requirement for demographic investment in economically disadvantaged nations. This diminishes their ability to save money. Increased population means greater school money, property tax funds, federal assistance to local governments, and revenue for local businesses. All of this creates an imbalance between the required investment and the available resources.
Produces Unemployment: Because of the significant expansion in population, a large number of people enter the labour market in search of work. The government may be unable to provide jobs for all of them. This raises countries' unemployment, disguised employment, and underemployment.
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