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.
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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