Impact of Growth of Population Video Lecture | Business Economics for CA Foundation

now we will see that what effect the
growth of population has on economic or
the economic development of a country
when the population grows at such a
rapid pace then it does have an impact
of the economy what are that impacts is
what we are going to study now growth of
national income national income has
increased tremendously over the years it
has increased by nearly 18 times but at
the same time population has also
increased at around 2 times so the
impact has not come down that well as
was expected now suppose if you have a
family of 2 people where the income is
of thousand rupees per month now the
family income multiplies and it rose by
5 tons so it becomes 5000 and the number
of people in the family also increases
by double with goes to 4 earlier what
was the per capita income it was five
hundred thousand divided by two and now
when we see that income has increased by
five times what is the per capita income
it is so has a per capita income also
increased five times no it hasn't
because the population had also
increased at the same pace so though
that national income has increased
eighteen times but still the per capita
income has all not increased that much
it has only increased at around five
times and this is because the population
has grown at such a fast pace now the
next is food supply again the same thing
applies to food supply as well food
supply has also increased tremendously
over the years
but when we talk of per capita food
availability to the people it has not
increased that much it has only
increased from 395 to 463 grams per
capita per person only
this much amount of food availability
has increased whereas the food
production has increased many times but
the cause population hasn't so increased
many times the food supply has not
increased that much purpose now the next
problem that we face when the population
grows at a fast pace is that the
unproductive population also increases
rapidly unproductive population Amin
children and senior citizens people who
are in the age group of 15 to 64
comprises of our workforce that is they
are the people who work in the work age
population they can work and if the
population is increasing at a rapid pace
it means children less than 15 years
will be more which means that dependent
population will be more or unproductive
consumers will be more which means that
it will be a burden on the productive
community so that is also not good for a
country but at the moment we have 63
percent of population is in this
workforce and this is what we should use
in a proper manner then similarly in a
country like India where the resources
are limited we have problem of
unemployment also crops up when the
population is on our rise you have
already not provided for the employment
opportunities of the people that are
present and every year the number of
people that are being added to the
workforce increases so unemployment
problem of unemployment also increases
in the same amount then capital
formation also you need more and more
capital because you already have to
provide some amount of money to support
the addition that is being made in the
population so along with the money that
is required for new production you have
to provide for already existing
population so capital formation also
suffers you need more and more money you
need more investment for the economy
then as I have already said there is
ecological degradation because more
poeple
means you need more houses and you need
more land for that and that leads to
deforestation and oil so ecological
degradation also takes place so this is
the what the growth of population how it
impacts our economic development the
economy may grow if me but it does not
reaches to all the straight up evenly
because it gets the increase in
population and gets distributed amongst
those