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Population of a country is stock or flow concept . Give reason?
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Population of a country is stock or flow concept . Give reason?
Introduction:
Population is an important demographic variable that defines the number of individuals living in a particular area. It is a key indicator of the socio-economic development of a country. However, population can be classified as a stock or flow concept.

Stock Concept:
A stock concept refers to a variable that is measured at a specific point in time. In other words, it is a static variable that represents the accumulation of past events. Population can be considered as a stock concept because it represents the total number of individuals living in a country at a particular point in time. For example, the population of India in 2020 was estimated to be around 1.3 billion people. This figure represents the total number of individuals living in India at a specific point in time.

Flow Concept:
A flow concept, on the other hand, refers to a variable that is measured over a period of time. It is a dynamic variable that represents the rate of change of a particular phenomenon. For example, the birth rate, death rate, and migration rate are all flow concepts because they are measured over a period of time. These variables represent the rate at which new individuals are added to or removed from the population.

Reasons why population is a stock concept:
1. Population is measured at a specific point in time, and it represents the total number of individuals living in a country at that point in time.
2. The population of a country is not affected by the rate at which new individuals are added to or removed from the population. Instead, it represents the accumulation of past events.
3. The population of a country is not affected by changes in the birth rate, death rate, or migration rate. These variables may affect the rate of change of the population, but they do not affect the total population at a specific point in time.

Conclusion:
In conclusion, population can be classified as a stock concept because it represents the total number of individuals living in a country at a specific point in time. It is not affected by the rate at which new individuals are added to or removed from the population, and it represents the accumulation of past events.
Community Answer
Population of a country is stock or flow concept . Give reason?
The government collect the data related to it after every 10 years. So, it is measured at one specific time. Hence, it is a stock concept.
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