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If the population growth rate is higher than the economic growth rate it will be result in?
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If the population growth rate is higher than the economic growth rate ...
Impact of Population Growth Rate Higher than Economic Growth Rate

When the population growth rate exceeds the economic growth rate, it can lead to several negative consequences on the economy and society.

1. Strain on resources
With a rapidly growing population, the demand for resources such as food, water, and energy increases, which can lead to a strain on the available resources. This can result in an increase in prices and scarcity of resources, which can negatively affect the standard of living of people.

2. Unemployment
A high population growth rate can lead to an increase in the number of people looking for jobs. If the economy is not growing at a similar rate, it can result in a high unemployment rate, which can lead to poverty and social unrest.

3. Pressure on infrastructure
With a growing population, the demand for infrastructure such as housing, schools, hospitals, and transportation increases. If the infrastructure is not developed at a similar rate, it can lead to overcrowding, congestion, and inadequate services.

4. Environmental degradation
A high population growth rate can lead to increased pollution, deforestation, and depletion of natural resources, which can have long-term negative consequences on the environment and the economy.

5. Social issues
A rapidly growing population can lead to social issues such as crime, inequality, and social unrest. It can also lead to a strain on social services such as healthcare and education.

In conclusion, it is essential to maintain a balance between population growth and economic growth to ensure sustainable development and improve the quality of life for people.
Community Answer
If the population growth rate is higher than the economic growth rate ...
Economy undergoes depression production will not be satisfied due to excess population
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Similar CA Foundation Doubts

Features of a Mixed Economy:A mixed economy is an economic system that combines elements of both a market economy and a planned economy. It incorporates features of both private enterprise and government intervention. The correct answer is D, as all of the following features are characteristic of a mixed economy:1. Planned economy:A mixed economy includes elements of a planned economy, where the government plays a role in guiding and regulating economic activities. It formulates economic plans and policies to ensure the efficient allocation of resources and to promote economic stability.2. Dual system of pricing:In a mixed economy, there exists a dual system of pricing, which means that both market prices and government-set prices coexist. While market forces determine prices for most goods and services, the government may intervene to regulate prices in certain sectors to protect consumers or promote social welfare.3. Balanced regional development:Another characteristic of a mixed economy is the emphasis on balanced regional development. The government intervenes to ensure that economic growth and development are not concentrated in specific regions or industries but are spread across different regions and sectors. This helps to reduce regional disparities and promote overall economic stability and social welfare.Benefits of a Mixed Economy:A mixed economy offers several benefits due to its combination of market forces and government intervention. Some of these benefits include:1. Economic efficiency:By incorporating market mechanisms, a mixed economy allows for resource allocation based on supply and demand, which promotes economic efficiency. Market forces encourage competition, innovation, and productivity, leading to higher levels of economic growth.2. Social welfare:Government intervention in a mixed economy enables the provision of public goods and services that may not be adequately provided by the market alone. This includes areas such as healthcare, education, infrastructure, and social security, ensuring a certain level of social welfare and equity.3. Stability and regulation:The government's role in a mixed economy helps to maintain economic stability through macroeconomic policies such as fiscal and monetary measures. It also regulates certain sectors to prevent market failures, protect consumer rights, and ensure fair competition.Conclusion:A mixed economy combines the advantages of both market forces and government intervention. It allows for economic efficiency, social welfare, and stability. The features of a mixed economy include elements of a planned economy, a dual system of pricing, and balanced regional development. These features work together to create a system that promotes both economic growth and social welfare.

If the population growth rate is higher than the economic growth rate it will be result in?
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If the population growth rate is higher than the economic growth rate it will be result in? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If the population growth rate is higher than the economic growth rate it will be result in? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the population growth rate is higher than the economic growth rate it will be result in?.
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