Advantages of high population growth rate
- Increase in market due to high demand for goods and service.
- Increase in labour force that leads to high production
- Increased competition leads to efficiency in production
- Increases innovativeness because of increased youth
- Facilitates mobility of labour due to population pressure in an economy
- It stimulates investment due to high demand for goods and services
- It promotes economic growth as it leads exploitation of resources
CATEGORIES Economics
TAGS Dr. Bbosa Science
