Disadvantages of high population growth rate
- Increase dependence burden
- Reduced investment since there is high consumption rather than capital good
- Worsens income inequality as a result of small working group
- Worsen unemployment as the rate of job seekers exceeds the existing job opportunities
- Low capital accumulation because of high marginal propensity to consume among the young.
- Low level income per capita due to large number of people regardless of their economic contribution
- Increase inflation due to excessive demand for goods and services.
CATEGORIES Economics
TAGS Dr. Bbosa Science
ITS GOOD BUT I NEED MORE POINTS
That’s good